GSTR-9/GSTR-9C Optional Reporting requirement FY 2019-20

I was getting the query if the optional reporting requirement for FY 2017-18 and FY 2018-19 is available in FY 2019-20 as well?

So the answer to this query is yes.

Please see the below-given video for the relevant notification:

Below are the Optional Reporting requirements available in Form GSTR-9 for FY 2019-20.

Table Description Optional Reporting Requirements
4I Aggregate value of credit notes issued in respect of B to B supplies (Table 4B), exports (Table 4C), supplies to SEZ (Table 4D), deemed exports (Table 4E) Table 4B to Table 4E can be shown net of credit notes
4J Aggregate value of Debit notes issued in respect of B to B supplies (Table 4B), exports (Table 4C), supplies to SEZ (Table 4D), deemed exports (Table 4E) Table 4B to Table 4E can be shown net of debit notes
4K & 4L Details of amendments made to B to B supplies (Table 4B), exports (Table 4C), supplies to SEZ (Table 4D), deemed exports (Table 4E), Credit Note (Table 4I) & Debit Note (Table 4J) Table 4B to Table 4E can be shown net of amendments
5D, 5E & 5F Aggregate value of exempted (Table 5D), Nil Rated (Table 5E) and Non-GST supplies (Table 5F) Consolidated information for all these three heads in can be shown in exempted row
5H Aggregate value of credit notes issued in respect of supplies declared in 5A, 5B, 5C, 5D, 5E and 5F shall be declared here. Table 5A to Table 5F can be shown net of credit
note
5I Aggregate value of debit notes issued in respect of supplies declared in 5A, 5B, 5C, 5D, 5E and 5F shall be declared here. Table 5A to Table 5F can be shown net of debit
note
5J & 5K Aggregate value of amendments made to exports (Table 5A) and supplies made to SEZ (Table 5B). Table 5A to Table 5F can be shown net of amendments
6B Aggregate value of input tax credit availed on all inward supplies except those on which tax is payable on reverse charge basis. The RP shall report the breakup of ITC as capital goods and have an option to either report the breakup of the remaining amount as inputs and input services or report the entire remaining amount under the “inputs” row only.
6C Aggregate value of input tax credit availed on all inward supplies received from unregistered persons on which tax is payable on reverse charge basis shall be declared here The RP shall report the breakup of ITC as capital goods and have an option to either report the breakup of the remaining amount as inputs and input services or report the entire remaining amount under the “inputs” row only.

RP shall have an option to either report Table 6C and Table 6D separately or report the consolidated details of Table 6C and 6D in Table 6D only

6D Aggregate value of input tax credit availed on all inward supplies received from registered persons on which tax is payable on reverse charge basis shall be declared here The RP shall report the breakup of ITC as capital goods and have an option to either report the breakup of the remaining amount as inputs and input services or report the entire remaining amount under the “inputs” row only.

RP shall have an option to either report Table 6C and Table 6D separately or report the consolidated details of Table 6C and 6D in Table 6D only

6E Details of input tax credit availed on import of goods including supply of goods received from SEZ The RP shall report the breakup of ITC as capital goods and have an option to either report the breakup of the remaining amount as inputs and input services or report the entire remaining amount under the “inputs” row only.
7A, 7B, 7C, 7D, 7E, 7F, 7G and 7H Details of input tax credit reversed due to ineligibility or reversals required under rule 37, 39, 42 and 43 of the CGST Rules, 2017 The RP shall have an option to either fill his information on reversals separately in Table 7A to 7E or report the entire amount of reversal under Table 7H only. However, reversals on account of TRAN-1 credit (Table 7F) and TRAN-2 (Table 7G) are to be mandatorily reported.
17 & 18 Summary of supplies effected and received against a particular HSN code to be reported only in this table RP have an option to not fill this table.

Below are the Optional Reporting requirements available in Form GSTR-9C for FY 2019-20.

 

Table Description Optional Reporting Requirements
5B & 5H Unbilled revenue RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5C & 5I Advances RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5D Deemed supplies RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5E Aggregate value of credit notes which were issued after 31st of March for any supply accounted in the current financial year but such credit notes were reflected in the annual return (GSTR-9) shall be declared here. RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5F Trade discounts which are accounted for in the audited Annual Financial Statement but on which GST was leviable RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5J Aggregate value of credit notes which have been accounted for in the audited Annual Financial Statement but were not admissible under Section 34 of the CGST Act shall be declared here. RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5K Aggregate value of all goods supplied by SEZs to DTA unit RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5L Turnover under Composition Scheme RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5M Difference between taxable value and the invoice value due to valuation principles RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
5N Difference in turnover due to foreign exchange fluctuations RP shall have an option to not fill this table. If there are any adjustments required to be reported then the same may be reported in Table 5O.
14 Table 14 is for reconciliation of ITC against expenses booked in Financial Statement or books of account. The various sub-heads specified under this table are general expenses in the audited Annual Financial Statement or books of account on which ITC may or may not be available. Further, this is only an indicative list of heads under which expenses are generally booked. Taxpayers may add or delete any of these heads but all heads of expenses on which GST has been paid/ was payable are to be declared here. RP shall have an option to not fill this table.

Disclaimer: Dear readers, this is not professional advice and just a general opinion. Your views and circumstances may be different and accordingly, the advice may change. Please consult your Chartered Accountant, before coming out with a conclusion.

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Author Of this post: CA Pratibha

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