Dear Sir/Madam,
I have claimed the tax credit of F.Y. 2023-24 in F.Y. 2024-2025.
Tax credit is also available in F.Y.2024-2025 GSTR 2B.
What will be the effect in GSTR 9.
SPECIFIC COLUMN 8C AND 13.
please guide me.
Thank you
Claiming tax credit in the wrong financial year can lead to discrepancies in your GST returns.
Here's a simplified explanation of the impact on GSTR 9: *Column 8C (Input Tax Credit):* -
1. File an amendment return (GSTR 3) for FY 2023-24, claiming the correct ITC.
2. In GSTR 9 for FY 2023-24, ensure the correct ITC is reflected in Column 8C.
3. In GSTR 9 for FY 2024-25, provide the reconciliation details in Column
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