The article is informing how to report ITC in table 4 of GSTR-3B without changing in auto populated figures form GSTR-2B as possible as. This is required as per amendment happened from 01-09-2022.
The Government vide Notification No. 14/2022 — Central Tax dated 05th July, 2022 has notified changes in Table 4 of Form GSTR-3B for enabling taxpayers to correctly report information regarding ITC availed, ITC reversal and ineligible ITC in Table 4 of GSTR-3B.
The intention of the Government is that the auto populated ITC as per GSTR-2B should be unchanged while filing return GSTR-3B. However, there is no restriction to edit this table by GST Law but such changes should be reported through the new columns inserted in this table.
The new table has been implemented from 01-09-2022.
Let’s understand how the ITC should be reported in this table.
We shall try to understand it by following illustrations.
Illustration – 1
Table – 1 (Auto Populated Figures)
| S. No. | Particulars | IGST | CGST | SGST |
| 1 | All Other ITC – Supplies from Registered Persons | 2,00,000 | 1,50,000 | 1,50,000 |
| 2 | Inward Supplies from ISD | 50,000 | 0 | 0 |
| 3 | Inward Supplies liable for reverse charge | 0 | 25,000 | 25,000 |
| 4 | Import of Goods | 1,00,000 | 0 | 0 |
| 5 | ITC reversal (Credit Notes) |
OTHER FACTS
1. 5000 IGST BARRED U/S 17(5) AUTO POPULATED IN OTHER ITC in S.No.1
2. REVERSAL U/S 42 & 43 REQUIRED – 75000 IGST, 50000 CGST AND 50000 SGST
3. SUPPLY NOT RECEIVED IN SEPTEMBER MONTH – 10000 IGST AUTO POPULATED IN OTHER ITC
4. ITC REQUIRED TO BE REVERSED DUE TO PAYMENT NOT MADE WITHIN 180 DAYS – 1000 IGST, 500 CGST AND 500 SGST
5. ITC barred by limitation under section 16(4) CGST – 5000.00 IGST, 1000.00 CGST and 1000 SGST
Table 4 – GSTR-3B
| 4. Eligible ITC | ||||
| Details | IGST | CGST | SGST | EXPLANATIONS |
| 1 | 2 | 3 | 4 | 5 |
| (A) ITC Available (whether in full or part) | ||||
| (1) Import of goods | 1,00,000 | 0 | 0 | Auto Populated |
| (2) Import of services | 0 | 0 | 0 | |
| (3) Inward supplies liable to reverse charge (other than 1 & 2 above) | 0 | 25,000 | 25,000 | Auto Populated |
| (4) Inward supplies from ISD | 50,000 | 0 | 0 | Auto Populated |
| (5) All Other ITC | 2,00,000 | 1,50,000 | 1,50,000 | Auto Populated |
| (B) ITC Reversed | ||||
| (1) As per rules 38, 42 and 43 of CGST Rules and sub-section (5) of Section 17 | 1,25,000 | 50,000 | 50,000 | Reversal u/s 17(5) Rs. 50,000 + Reversal under rule 42 & 43 |
| (2) Others | 11,000 | 500 | 500 | Supply not received in the month + ITC pertaining to payment not made within 180 days. This amount may be reclaimed in future. |
| (C) Net ITC Available (A) – (B) | 2,14,000 | 1,24,500 | 1,24,500 | |
| (D) Other Details | ||||
| (1) ITC reclaimed which was reversed under Table 4(B) | ||||
| (2) Ineligible ITC under section 16(4) & ITC restricted due to PoS rules | 5000 | 1000 | 1000 | ITC barred by limitation. Just informed not effected in tables 4(A) and 4(B) |
Illustration – 2
Table – 1 (Auto Populated Figures)
| S. No. | Particulars | IGST | CGST | SGST |
| 1 | All Other ITC – Supplies from Registered Persons | 2,00,000 | 1,50,000 | 1,50,000 |
| 2 | Inward Supplies from ISD | 50,000 | 0 | 0 |
| 3 | Inward Supplies liable for reverse charge | 0 | 25,000 | 25,000 |
| 4 | Import of Goods | 1,00,000 | 0 | 0 |
| 5 | ITC reversals (Credit Notes) |
OTHER FACTS
1. Supply received pertain to previous month received in this month – 10000.00 IGST
2. ITC on Import of Services – 10000 IGST not populated in GSTR-2B
3. RCM as per Books of Account – 30000 CGST and 30000 SGST (20000 CGST and 20000 SGST from registered persons populated in GSTR-2B and 10000 CGST and 100000 SGST from unregistered person not populated in GSTR-2B. Thus, 5000 CGST and 5000 SGST available in GSTR-2B but not in books of account)
4. ITC populated in GSTR-2B but not pertain to Tax Payer – 5000 CGST and 5000 SGST
5. ITC whose POS is of different State – 1000.00 CGST and 1000 SGST
Table 4 – GSTR-3B
| 4. Eligible ITC | ||||
| Details | IGST | CGST | SGST | EXPLANATIONS |
| 1 | 2 | 3 | 4 | 5 |
| (A) ITC Available (whether in full or part) | ||||
| (1) Import of goods | 1,00,000 | 0 | 0 | Auto Populated |
| (2) Import of Services | 10,000 | 0 | 0 | |
| (3) Inward supplies liable to reverse charge (other than 1 & 2 above) | 0 | 35,000 | 35,000 | Auto Populated figure Rs. 25,000 each and Rs. 10,000 each pertains to supply from unregistered persons |
| (4) Inward supplies from ISD | 50,000 | 0 | 0 | Auto Populated |
| (5) All Other ITC | 2,10,000 | 1,50,000 | 1,50,000 | Auto Populated figure Rs. 2,00,000 IGST and 10,000 IGST pertains to previous month |
| (B) ITC Reversed | ||||
| (1) As per rules 38, 42 and 43 of CGST Rules and sub-section (5) of section 17 | 0 | 5000 | 5000 | 5000 each wrongly populated in GSTR-2B and the same will not be reclaimed in future |
| (2) Others | 0 | 5000 | 5000 | RCM Supply not received in the month and the same may be reclaimed in future. |
| (C) Net ITC Available (A) – (B) | 3,70,000 | 1,75,000 | 1,75,000 | |
| (D) Other Details | ||||
| (1) ITC reclaimed which was reversed under Table 4(B)(2) in earlier tax period. | 10,000 | 0 | 0 | ITC reverse in earlier tax period reclaimed in this month. |
| (2) Ineligible ITC under section 16(4) & ITC restricted due to PoS rules | 0 | 1000 | 1000 | ITC whose PoS is of different State. Just informed not effected in tables 4(A) and 4(B) |
Conclusion
Advisory as per para 3 of the Press Release No.593 is reproduced.
3. From the format of Table 4, following is noteworthy:
1. All non-reclaimable reversal of ITC needs to be reported in table 4(B)(1)
2. All reclaimable ITC reversals may be reported in table 4(B)(2). It should be noted that ITC reversed under 4(B)(2) can be reclaimed in table 4(A)(5) at appropriate time and the break-up detail of such reclaimed ITC should be provided in 4(D)(1) in the same return.
3. The ITC not-available mentioned in GSTR-2B of the taxpayer has to be reported in 4(D)(2) of table 4.
4. Any ITC availed inadvertently in Table 4(A) in previous tax periods due to clerical mistakes or some other inadvertent mistake maybe reversed in Table 4(B)2.
Thus, the intention of the Government is that figures reported in table 4 of the form GSTR-3B should be matched with figures available in GSTR-2B as possible as.
To reach to me for any suggestions, rectifications, amendments and/or further clarifications in regard of this article my email address is pkmgstupdate@gmail.com.
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