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Financial year 2017-18 was the most troublesome period for GST Registered person in India . Returns were filed in a chaotic manner. Problems are being faced by many of us while filing Annual Return GSTR 9 for the year 2017-18

GSTR 9 - RELEVANT TABLES FOR AMENDMENTS RELATED TO TURNOVER / TAX PAYMENT IN 2017-18

Table 4 & 5 - Aggregate value of supplies made .

Table 9 - Actual Tax Paid .( Auto populated Value from Table 6.1 of GSTR 3B which cannot be changed)

Table 10 & 11 - Details of Amendments in furnished in GSTR 1

Table 14 - Details of differential Tax paid in subsequent FY

An attempt has been made to simplify the process with the help of an example . In this article , focus will be on issues related to turnover only . Suppose supply of Rs 10 Lakh made to registered person on which Tax liability was Rs 1.80 Lakhs (CGST + SGST )

Five possible scenario would have been happened while entering invoices for outward supplies in GSTR 1 and GST payment for the year 2017-18

Scenario 1 - Invoice entered in GSTR1 & Tax paid in 2017-18

Rs 10 Lakh will be auto populated in Table 4B and tax paid there on will be shown in Table 9 of GSTR . No action is required in this scenario

Scenario 2 - Invoice entered in GSTR 1 & Tax paid in 2018-19

Amendments must have taken place thru Table 9A/9B/9C of GSTR 1 of 2018-19 . Details of such amendments shall be entered in TABLE 10/11 of GSTR 9 .

Tax Paid on such supplies ( Rs 1.80 Lakhs in example above ) shall be entered in TABLE 14 of GSTR 9 .

Scenario 3 - Invoice entered in GSTR 1 ( 2017-18 ) & Tax paid in 2018-19 - Simply entered Tax paid in 2018-19 in Table 14 of GSTR 9 . No action is required for invoice for outward supply as it will auto populated in Table 4 of GSTR 9

Scenario 4 - Tax paid in 2017-18 but invoice entered in 2018-19 - Add missing invoice in Table 4 of GSTR 9 . Tax paid will automatically will be reconciled once missing liability entered in Table 4

Scenario 5 - Neither invoice entered not Tax paid till 31st March 2019

Enter invoice details in Table 4 and pay Tax along with interest thru DRC 03.

The author can also be reached at caanitabhadra@gmail.com


  

Published by

CA Anita Bhadra
(DGM FINANCE , BHARAT ELECTRONICS LIMITED )
Category GST   Report

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