What can be the reasons for difference in ITC in FORM GSTR-9C being reported in Part IV Sl. No. 12D ‘ITC availed as per audited financial statements or books of accounts’ and ITC reported in Part IV Sl. No. 12E ‘ITC claimed in Annual Return
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Created by: WIRC-GST Helpdesk .
Modified on: Thu, 13 Jun, 2019 at 7:17 PM
The reasons for difference in ITC in FORM GSTR-9C being reported in Part IV Sl. No. 12D & 12E could be as follows:
- Duplicate ITC incorrectly availed in returns.
- Differences in the ITC treatment of certain inward supplies as per books of accounts and FORM GSTR-3B ( e.g. claimed as credit in books and taken as an ineligible credit in FORMGSTR-3B)
- ITC claimed in FORM GSTR-3B but recorded as expenses in the books ofaccounts.
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