ITC AS PER 2A 1000/-
ITC AS PER 3B ( CLAIMED) 800/-
TAXABLE SUPPLY 1000/-
EXEMPTED GOODS SUPPLY 9000/-
ITC used to Set off Tax of Taxable Supply, around 100/-
No Reversal of any ITC done.
What should be the treatment in GSTR9?
CA Ankur Agarwal (CA) (110 Points)
09 July 2019ITC AS PER 2A 1000/-
ITC AS PER 3B ( CLAIMED) 800/-
TAXABLE SUPPLY 1000/-
EXEMPTED GOODS SUPPLY 9000/-
ITC used to Set off Tax of Taxable Supply, around 100/-
No Reversal of any ITC done.
What should be the treatment in GSTR9?
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 09 July 2019
CA Ankur Agarwal
(CA)
(110 Points)
Replied 10 July 2019
What about the treatment of proportionate ITC?
If we calculate Eligible ITC for taxable supply should be 800*1000/10000 i.e rs 80/- only
However ITC claimed to set off taxable sales was 100/-.
What do you think?
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 11 July 2019
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