Input Tax Credit reporting in GST Annual Returns GSTR-9

[Sridhar Lakshminarasimhan]

Dear Experts

Please clarify the following pertaining to reporting of  ITC in GST Annual returns

Where do we report the following transactions in GSTR-9 for FY 2024-25 with regard to Table 6, 7, 12 and 13.

1. ITC of FY 2023-24 claimed in GSTR-3B of FY 2024-25 and permanently reversed in FY 2024-25

2. ITC of FY 2023-24 claimed in GSTR-3B of  FY 2023-24, temporarily reversed in FY 2023-24. reclaimed in FY 2024-25 and permanently reversed in FY 2024-25

Thanks

Ramakrishna V

AI Summary

Input Tax Credit reporting in GSTR-9: claim entries in Table 6 and report permanent reversals in Table 7.
For ITC claimed in FY 2024 25 (relating to FY 2023 24) and permanently reversed in FY 2024 25, report the availed amount in Table 6 of GSTR 9 and the permanent reversal in Table 7. Where ITC was claimed in FY 2023 24, temporarily reversed then reclaimed and permanently reversed in FY 2024 25, retain the original FY 2023 24 reporting and disclose the final permanent reversal in FY 2024 25 Table 7; Rule 37 reclaiming may be shown in Table 6B with the permanent reversal in Table 7.