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The Form GSTR 9 has something new and interesting this time. For the FY 2024-25, the major change is related to reporting of input tax credit amounts claimed, reversed and reclaimed. The reporting may vary depending upon the reasons of reversals and reclaim. This caused because of frequent changes in monthly GSTR-3B reporting throughout FY 2024-25. This time the Annual Return demands far more precision—especially in how we report ITC Claim, Reversal & Reclaim.
We have created the following table which categories each event separately for ITC related to FY 2023-24 and ITC related to FY 2024-25.
This will guide you in preparing and updating the information in Form GSTR 9 in a more effective way.
| Scenario 1: ITC Pertaining to FY 2024-25 | |||
| This tracks ITC that originated in the current Financial Year (FY 2024-25) and was subsequently reclaimed. | |||
| Event Timing | Reporting Requirement for Reclaim | GSTR 9 Table Reporting (FY 2024-25) | GSTR 9 Table Reporting (FY 2025-26) |
| A. Reclaim in Same FY (2024-25) | Claim, Reversal, and Reclaim all occur within FY 2024-25. (e.g., reversal due to Rule 37 or non-receipt of goods). | Reclaimed amount reported in Table 6H. | Not Applicable (Transaction finalized in 2024-25). |
| B. Reclaim in Next FY (2025-26): Reason OTHER THAN Rule 37/37A | ITC claimed and reversed in FY 2024-25, but reclaimed in FY 2025-26 (timelimit to reclaim upto 30 Nov 2025) due to reasons like receipt of goods (Circular No. 170/02/2022-GST). | Report reclaim in Table 13. Do NOT report in Table 8C. | Reclaim reported in Table 6A1. |
| C. Reclaim in Next FY (2025-26): Due to Rule 37/37A | ITC claimed and reversed in FY 2024-25, but reclaimed in FY 2025-26 upon compliance with Rule 37/37A. (Treated as ITC of the reclaim year) [33, Note 2]. | Do NOT report reclaim in Table 13 or Table 8C [14, 38, Note 2]. (Only Claim in 6B and Reversal in 7A/7A1 are reported). | Reclaim reported in Table 6H. Do NOT report in 6A1. |
| Scenario 2: ITC Pertaining to Preceding FY 2023-24 | |||
| This tracks ITC movements that originated in a previous FY but were reclaimed for the first time in the current reporting period (FY 2024-25). | |||
| Prior Events | Reporting Requirement for Reclaim in FY 2024-25 | GSTR 9 Table Reporting (FY 2024-25) | |
| D. Preceding FY ITC Reclaimed: Reason OTHER THAN Rule 37/37A | ITC pertaining to FY 2023-24 claimed and reversed in 2023-24, but reclaimed in 2024-25 (e.g., Circular No. 170/02/2022-GST). | Reclaimed amount reported in Table 6A1. Do NOT report in 6H. | |
| E. Preceding FY ITC Reclaimed: Due to Rule 37/37A | ITC pertaining to FY 2023-24 claimed and reversed in 2023-24, but reclaimed in 2024-25 (timelimit to reclaim till 30 Nov 2024) upon compliance with Rule 37/37A. (Treated as ITC of the reclaim year). | Reclaimed amount reported in Table 6H. Do NOT report in 6A1. | |
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