Table-8A of the GSTR-9 is an important section that taxpayers should be aware of. It is auto-populated with the Input Tax Credit (ITC) information from the corresponding GSTR-2A returns for the entire financial year.
What is Table 8A in GSTR 9?
Details on the total input tax credit (ITC) available from inward supplies throughout the financial year are provided in Table 8A of the annual Form GSTR-9 return. All purchases made, including those for services from SEZs, are considered inward supplies in this context, however imports and inward supplies subject to reverse charge are not included.
What is GSTR 2A?
GSTR 2A is a purchase-related dynamic tax return that the GST portal generates automatically for each business. When a seller files his GSTR-1, the data is recorded in GSTR 2A. It obtains information about goods and/or services purchased in a given month from the seller's GSTR-1.
The following are the reasons for the differences between the GSTR-2A and Table 8A of GSTR-9 annual returns:
1) GSTR-1 filed but not submitted by the supplier.
Table 8A of GSTR 9 only includes data from filed GSTR 1 by suppliers, whereas GSTR-2A includes data from saved, submitted, and filed GSTR1 by suppliers. Sometimes suppliers enter data into GSTR-1 without checking it with EVC or DSC. In this situation, GSTR-1's status is displayed in GSTR-2A as "non-submitted." Invoices of this type that are "non-submitted" won't appear in table 8A.
2) Filing of GSTR-1 by supplier after due date
Figures in Table 8A of FORM GSTR-9 are auto-populated only for FORM GSTR-1s that were submitted by the due date by the corresponding suppliers. Thus, ITC on supplies made during the fiscal year 2020-21 that are reported by the corresponding supplier after the deadline will not be auto-populated in Table 8A.
Section 16(4) of the GCST also limits the availability of ITC after the September 2021 filing deadline.
3) Place of supply different than your registered State
Table 8A will not reflect invoices where the place of supply differs from the state of recipient. Check the place of supply column of GSTR-2A; if the invoices are from a different state than yours, you cannot claim ITC for them.
4) Invoices in GSTR-2A where Reverse Charge column is marked as "Y"
Invoices and Debit/Credit Cards Notes in GSTR 2A that are marked as applicable (Yes) for reverse charge are excluded from Tale 8A of GSTR-9. GST credit is not available for such invoices.
5) Composition Scheme
Figures in table 8A of Form GSTR-9 do not include ITC for the period when the recipient taxpayer was subject to the composition scheme.
6) Amendment of Invoices
Table 8A of Form GSTR-9 receives only the most recent values auto-populated from Form GSTR-1, after all alterations have been made. For example, if an invoice with taxable amount of INR 100/- and tax of INR 18/- was filed in Form GSTR-1 in December 2018, but the amount of taxable value was changed to Rs 90 in January 2019, the Form GSTR-2A of December 2018 will display ITC of INR 18, while the Form GSTR-2A of January 2019 will display ITC of INR 16.20, and table 8A of Form GSTR-9 will display ITC of INR 16.20, which is the most recent value.
We hope the above blog was helpful in enhancing your knowledge on the matter. In case of any queries feel free to get in touch with our team of experts.
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