QUESTION
Sir, Following are the query. 1. Should we shown Trans-1 and Trans-2 credit in table 12A or Table 12B of GSTR-9C or not. in table 14 we will not shown same but shown in diffrence. is it correct? 2. As per my pervious mail. i have asked as question, where we should shown ITC in GIT as on 31st March 2018. As per your reply you have mentioned that the same should be shown in GSTR-9 of F.Y 2018-19. i have a doubt regarding table 8A of GSTR-9. The credit of GIT is already included in table 8A (2A balance). how shall we reconciled table 8. please suggest. Thanks

ANSWER
1. In Table 14 of GSTR 9C, only ITC related to July to March is to be reported. Transitional Credit is not ITC and hence will not be reported here. Also, the total of Table 14 Column 3 should match with 12A (which does not contain Transitional Credit).

2. Press Release dt. 03.07.2019-Clarification regarding Annual Returns and Reconciliation Statement

c) Premise of Table 8D of Annual Return: --------------------------------Therefore, taxpayers need not be concerned about the values reflected in this table. This is merely an information that the Government needs for settlement purposes. Figures in Table 8A of FORM GSTR-9 are auto-populated only for those FORM GSTR-1 which were furnished by the corresponding suppliers by the due date. Thus, ITC on supplies made during the financial year 2017-18, if reported beyond the said date by the corresponding supplier, will not get auto-populated in said Table 8A. It may also be noted that FORM GSTR-2A continues to be auto-populated on the basis of the corresponding FORM GSTR-1 furnished by suppliers even after the due date. In such cases there would be a mis-match between the updated FORM GSTR-2A and the auto-populated information in Table 8A. It is important to note that Table 8A of the annual returns is auto populated from FORM GSTR-2A as on 1st May, 2019.

ITC in GIT as on 31st March 2018 is to be reported in GSTR-9 of 2018-19 even though the same will reflect in GSTR-2A of 2017-18 because you are eligible for ITC when you actually receive the goods. Further as per press release it is clarified that "taxpayers need not be concerned about the values reflected in this table. This is merely an information that the Government needs for settlement purposes."(Reply dt. 13-01-2020)