CA surya asked 5 years ago
GSTR – 9 and GST COmposition scheme conversion
GSTR – 9 and GST COmposition scheme conversion
1.While filing GSTR 9, I can see only Rs 660.23 Input tax credit available as against Rs 3500 available in the invoices. How can I deal with this in annual return?
2. On 1st October 2017, the business was converted from normal scheme to composition scheme. However, no ITC was reversed on the stock available on that date. How should this be dealt with while filing the annual return?
Answer the question
ConsultEase Administrator answered 5 years ago
For the variation in ITC you can simply avail the ITC you can substantiate with proper evidence. In the second case, you will only show the availed ITC. Something in the ledger can be paid back by making a payment via DRC 03 using ITC ledger.
ConsultEase Administrator answered 5 years ago
For the variation in ITC you can simply avail the ITC you can substantiate with proper evidence. In the second case, you will only show the availed ITC. Something in the ledger can be paid back by making a payment via DRC 03 using ITC ledger.
ConsultEase Administrator answered 5 years ago
For the variation in ITC you can simply avail the ITC you can substantiate with proper evidence. In the second case, you will only show the availed ITC. Something in the ledger can be paid back by making a payment via DRC 03 using ITC ledger.
ConsultEase Administrator answered 5 years ago
For the variation in ITC you can simply avail the ITC you can substantiate with proper evidence. In the second case, you will only show the availed ITC. Something in the ledger can be paid back by making a payment via DRC 03 using ITC ledger.
