Sponsored
    Follow Us:
Sponsored

Starting from FY 2023-24, the Goods and Services Tax (GST) system will automatically populate eligible Input Tax Credit (ITC) for domestic supplies (excluding ITC from reverse charge and imports) from table 3(I) of GSTR-2B to table 8A of GSTR-9. This new feature will be available on the GST portal starting from 15th October 2024. Additionally, a validation utility will be progressively rolled out for taxpayers to validate the auto-populated data in GSTR-9 from GSTR-2B for the period from April 2023 to March 2024. This update is intended to simplify the process of filing GSTR-9 and GSTR-9C for taxpayers by ensuring the accurate transfer of ITC data.

Goods and Services Tax
Government of India, States and Union Territories

Important advisory for GSTR-9/9C

Oct 15th, 2024

Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9. These changes in GSTR-9 and 9C for the FY 2023-24 will be available on the GST portal from today i.e.,15th October 2024 onwards.

Further, a validation utility will be executed progressively (for validation by taxpayers) to complete the auto population of GSTR-9 from GSTR-2B for Apr-23 till Mar-24.

Thanking You,
Team GSTN

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published.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

Sponsored
Sponsored
Sponsored
Search Post by Date
October 2024
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031