Checklist of Non-obligatory Entries made obligatory in Kind GSTR-9C for FY 2021-22


Checklist of Non-obligatory Entries made obligatory in Kind GSTR-9C for FY 2021-22

This Article discusses Checklist of entries in Kind GSTR-9C (GST Reconcilliation Assertion) that had been non-obligatory earlier than FY 21-22 and have been made obligatory in Kind GSTR-9C for FY 2021-22.

You Could Additionally Like: List of Optional Entries made compulsory in Form GSTR-9 for FY 2021-22

Desk 12B

Any ITC which was booked within the audited Annual Monetary Assertion of earlier monetary yr(s) however availed within the ITC ledger within the monetary yr for which the reconciliation assertion is being filed for shall be declared right here. This shall embody transitional credit score which was booked in earlier years however availed throughout Monetary 12 months 2017-18.

For FY 2017-18, 2018-19, 2019-20 and 2020-21, the registered particular person shall have an choice to not fill this Desk. This Desk has been made obligatory in FY 2021-22.

Desk 12C

Any ITC which has been booked within the audited Annual Monetary Assertion of the present monetary yr however the identical has not been credited to the ITC ledger for the stated monetary yr shall be declared right here.

For FY 2017-18, 2018-19, 2019-20 and 2020-21, the registered particular person shall have an choice to not fill this Desk. This Desk has been made obligatory in FY 2021-22.

Advantages which can be persevering with:

Consolidated Reporting of all Changes from 5B to 5N could be accomplished in Row 5O

Reporting in Desk 14 is Non-obligatory

The Following is Summarised in below-mentioned Desk:





Source link

Tags :

Leave a Reply

Your email address will not be published. Required fields are marked *