Advisory on Difference in Value of Table 8A and 8C of GST Annual Return F.Y 2023-24
Overview of GST Annual Return for FY 2023-24
As the due date for the GST Annual Return (GSTR 9) of FY 2023-24 is approaching, taxpayers are facing various issues with regard to values to be reported in Table 8C of GSTR 9. To ease the filing process, Goods and Services Network (GSTN) has rolled out a new advisory highlighting the solution for smooth filing of returns.
Auto-Population of Table 8A vs Manual Entry in Table 8C
As per the Notification No. 12/2024 Central Tax dated 10th July 2024, read with Notification No. 20/2024-Central Tax dated 8th October 2024, for FY 2023–24 onwards, the total credit available for inward supplies shall be auto-populated in Table 8A of Form GSTR-9 from GSTR-2B of FY 2023–24. Further, in Table 8C of Form GSTR-9, the total value of ITC on inward supplies received during the financial year but availed in the subsequent financial year up to the specified period needs to be filled manually.
This change is a critical development in GST and indirect tax compliance, as it directly impacts reconciliation accuracy and reporting obligations.
The mismatch between Table 8A and 8C in GSTR-9 for FY 2023–24 primarily arises because Table 8A is now auto-populated based on GSTR-2B instead of GSTR-2, requiring businesses to undertake detailed reconciliation as part of their broader corporate taxation and compliance framework.
Common Scenarios and Reporting Guidance
A few scenarios are drawn to clarify the problems faced by the taxpayers:
| Scenario No. | Issues | Reporting |
|
Scenario 1 |
Invoice dated FY 23-24 but reported late by supplier | Report ITC in Table 8C and Table 13 of GSTR-9 for FY 2023-24. |
|
Scenario 2 |
ITC reclaimed in next FY due to late payment to supplier | Report reclaimed ITC in Table 6H of GSTR- 9 for FY 24-25, not in Table 8C or Table 13 of FY 2023-24 |
|
Scenario 3 |
Invoice for FY 2023-24, but goods received in the next FY. | Report reclaimed ITC in Table 8C and Table 13 of GSTR-9 for FY 2023-24. |
|
Scenario 4 |
Invoice for FY 22-23 appearing in Table 8A of FY 23-24. | Do not report in Table 8C or Table 13 of GSTR-9 for FY 23-24. |
|
Scenario 5 |
Reclaim of ITC for the invoice of FY 2023-24 within the same year. | Report in Table 6H of GSTR-9 for FY 23- 24, not in Table 7. |
Additional Resources
The above advisory can be referred to at the below link: Official GST Advisory on Table 8A and 8C Differences for FY 2023-24