Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 09 June 2020
Dear Krishnan
Do you think that portal can help by giving reply above Query.
So giving suggestions/advices is easy way to get rid of any problems.
Dear Mahesh Despande
Let me reply to your query in 2 parts :
Part 1:
As per Your Query you have reported the Sales & Output tax liability of FY 2017-18 in Fy 2018-19.
Table 4 & corresponding table 9 of GSTR 9 is Editable . You can edit the table 4 & Output Tax Liability in Table 9 . So the value of sale & output tax of Fy 2017-18 can reduce from table 4 & accordingly in Table 9. Now the value of outward supply autopopulated in GSTR 9C from GSTr 9 will get matched with your books of Accounts.
Part 2:
ITC of Fy 2017-18 being claimed in FY 2018-19.
In table 6 the ITC which is being Autopopulated in GSTR 9 of Fy 2018-19 is on basis of GSTR 3B being filed for said period & it includes the value of ITC of Fy 2017-18 , so Generally the table 6 need to file as the GSTR 3B being filed , means no need to edit the Table 6 because the ITC figures in table 9 of GSTR 9 is freeze & one cannot edit the same , Moreover the guidelines being provided by ICAI is also not suggest to edit table 6 of GSTR 9.
So the ITC which is populated in table 6 will be more then the ITC in your books of account (Difference of previous year ITC ) , so This previous year ITC can be reported in table 12(B) of GSTR 9C (Audit) & the same can also be mentioned in table 13 of GSTR 9C as auditor comment.
The 2Nd Option : You can Reverse the previous year ITC table 7(H) of GSTR 9 , in this case no need mention or report the same in GSTR 9C , As the total of 7(J) of will get autopopulated in table 12 of GSTR 9C which is will get tally with your books of account.
Note : The 2nd Option must be use only in case when taxpayer is not required to file 9C .
😁👍
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