Annual Return

[VIGNESH]

sir while filing Annual returns, Table 8 A (ITC as per GSTR-2A) is auto populated figure but when we download the same with invoice details for reconciliation purpose the Total amount is not matching with TAble 8A figure, why sir?

[Shilpi Jain]

This is because in GSTR-9, the table 8 picks up figures from GSTR-2A as up to a particular date whereas the GSTR-2A is dynamic and keeps changing everytime any supplier files his GSTR-1

[VIGNESH]

Mdm. What might be the date ? as u have mentioned above, only if we know the date we can reconcile! kindly revert

[Ganeshan Kalyani]

In my view, 8A report is also available in GSTN. Pls. check.

[VIGNESH]

Sir. 8A report value's are not matching with the values auto populated!

[Shilpi Jain]

Earlier I think it was taken as 30th Oct '20 or 30th Nov '20.

An aspect that you need to also consider is that all of this is imposed by way of portal restrictions and these were not there in the law.

Also it was mentioned in one of the press releases' that the table 8 is more like an MIS and it should not be used to ask assessees to reverse credit

[VIGNESH]

Sir / Mdm. The query pertains to financial year 2018-19, we have received notice for mismatch in ITC. When we download 8A or 2A in xl now it is giving a different value altogether than filed in GSTR 9. How to go about? now for comparison should we request the dept to provide the old values present while filing GSTR-9 ?

[Altamush Zafar]

Simply state that ITC matching with GSTR-2A had no relevance in 2018-19. If you have complied with section 16 and 17 no need to reverse any ITC

[Ganeshan Kalyani]

Sir, you may atleast ensure that invoice on which you claimed ITC is appearing in 2A report. Then arrive at the ITC which are not populated in 2A and justify for them basis possession of invoice, receipt of material etc.

AI Summary

Input tax credit reconciliation: GSTR 2A is dynamic so GSTR 9 Table 8A may differ; substantiate claimed ITC.
Mismatch in GSTR 9 Table 8A arises because GSTR 2A is dynamic while Table 8A uses a system snapshot; this portal behaviour - not the substantive law - causes differences. Table 8A functions as an MIS and should not be treated as a standalone basis for reversing claimed input tax credit. Taxpayers should verify that claimed invoices appear in the relevant 2A snapshot and substantiate any non populated credits with invoices, receipt evidence, and compliance with ITC eligibility conditions; they may request historical portal snapshots if needed.