Annual Return 18-19
This query is : Resolved
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27 February 2020
Sir We has a technical issue regarding to annual Return 2018-19
ITC Claimed in GSTR-3B (₹) show for Rs.1,19,311.06 (Combined IGST+SGST+CGST). But ITC as per GSTR-2A (₹) show for Rs 47,679.36 06 (Combined IGST+SGST+CGST).
The Difference is Rs 71,631.70 (SGST-35815.85 + CGST-35815.85), Its means we take excess in our Books of Accounts.
But actual case is we Paid Rs 71,631.70 (SGST-35815.85 + CGST-35815.85) as Inward supplies (liable to reverse charge) and take same amount (SGST-35815.85 + CGST-35815.85) as ITC .
This ITC is not shown in our GSTR-2A.
When we put figure in Annual Return 2018-19 column no 8 (D) Difference [A-(B+C)] shown Negative figure of the same amount (SGST-35815.85 + CGST-35815.85)
Now Question is in how we rectify the negative figure in annual Return 2018-19?
Please suggest us.
ITC Claimed in GSTR-3B (₹) show for Rs.1,19,311.06 (Combined IGST+SGST+CGST). But ITC as per GSTR-2A (₹) show for Rs 47,679.36 06 (Combined IGST+SGST+CGST).
The Difference is Rs 71,631.70 (SGST-35815.85 + CGST-35815.85), Its means we take excess in our Books of Accounts.
But actual case is we Paid Rs 71,631.70 (SGST-35815.85 + CGST-35815.85) as Inward supplies (liable to reverse charge) and take same amount (SGST-35815.85 + CGST-35815.85) as ITC .
This ITC is not shown in our GSTR-2A.
When we put figure in Annual Return 2018-19 column no 8 (D) Difference [A-(B+C)] shown Negative figure of the same amount (SGST-35815.85 + CGST-35815.85)
Now Question is in how we rectify the negative figure in annual Return 2018-19?
Please suggest us.
27 February 2020
It wont be like that if you had put the input figures in table III correctly
Because Column 8 d will not include the RCM input in it... The input difference will be net of the RCM credit
So check the form III and then find there wont be any difference that too because of RCM
Because Column 8 d will not include the RCM input in it... The input difference will be net of the RCM credit
So check the form III and then find there wont be any difference that too because of RCM
27 February 2020
In which column we put RCM payment figure which We claim as ITC in annual return
27 February 2020
Output RCM 4G
Input RCM 6C
Input RCM 6C
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