In GSTR9 Table 8 where the ITC excess reversed is to be shown

E.KALAIKOVAN (Sr. Accounts Manager ) (340 Points)

11 November 2024  

During the FY ITC Reversed 30% instead of 5% in GSTR3B

Next FY ITC Excess Reversed 25% is taken in 4A(5) of GSTR 3B befor the specified period.

In GSTR9 Table 8 or 12 where this ITC excess reversed is to be shown

Table 8(A) - GSTR2A Auto data

Table 8(B) - GSTR3B Auto data

Table 8(C ) - ITC received during the FY but availed upto Specific period.

Table 12 - Reversal of ITC availed during the previous Financial year

Table 13 - ITC availed for the pervious Financial year 

The ITC Excess Reversal Booked, Availed and Claimed in Next Financial year in Books of Accounts and GSTR3B.

Thank you