As the due date to file GSTR-9 (Annual Return) & GSTR-9C (Reconciliation Statement) for the financial year 18-19 is 31/03/2020 via Order No. 08/2019-Central Tax dated 14.11.2019.
The forms GSTR-9 & GSTR-9C for the F.Y.18-19 were enabled in the month end of February in the GST portal. But there is no official notification with respect to the same.
Errors in GSTR-9 form – Rectification Required
There are two errors that are being faced by people while trying to file the GSTR-9 for the F.Y.18-19.
Error 1. ITC as per GSTR-2A not auto-populated in Table 8
The most common issue facing by every taxpayer is the Input Tax Credit (ITC) as per GSTR-2A is not reflecting in Table 8 of Form GSTR-9 for the F.Y.18-19. Many representations on behalf of taxpayers to the GSTN Technical team & to other respective officials at CBIC regarding this matter are been made by professional experts & other professional associations. Requesting corrective measures by the said department.
Error 2. Transition credit of FY 17-18 is still reflecting in Table 6
This error is commonly seen among the registered persons who claimed & availed transition credit (via GST TRAN 1 & TRAN 2 forms) during the F.Y.17-18.
The amount of transition credit, the same as what we claimed & availed during the F.Y.17-18 is again reflecting in Table 6 of GSTR-9 for the F.Y.18-19.
We can edit the error in Table 6 of the said form
But if the column is edited and made as ‘zero’ in Table 6, then that column will reflect in red colour as per the note at the top of the said table. (Note – If 20% variation in the figures, then that column will reflect red in colour).
Whereas error in Table 8 can be rectified only by the said department.