DIFFERENCE IN GSTR-3B AND GSTR-9

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A GST filer mistakenly declared higher sales and tax figures in GSTR-3B and GSTR-1 than the actual amounts for FY 2017-18 due to duplicated bills. They subsequently filed their annual return (GSTR-9) with the correct, lower figures. The expert advised that since the excess input tax credit claimed is almost identical to the excess output liability declared, this can be explained to the tax authorities if a notice is received, as there was no net loss to the revenue.

NIRMAL DAVE

NIRMAL DAVE (Querist)
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25 October 2023 Dear Experts,

I have declared Following figures in GSTR-3B & GSTR-1 of FY 2017-18

SALES RS. 90,20,495/-
OUTPUT CGST & SGST RS. 24,18,868/-

INPUT CGST & SGST RS. 24,25,270/-

But later on It came to my notice that Actual Figures are less than that declared in GSTR-3B and GSTR-1. So I have filed annual return as per actual figure which is as follow:

SALES RS. 68,31,803/- OUTPUT CGST & SGST RS. 18,32,370/-

INPUT CGST & SGST RS. 18,38,774/-

Such difference is arise due to duplication of sales and purchase bills.

Please guide me whether any further action is required from my side to comply with GST Law? Do I need to reverse Input Tax Credit wrongly taken? If Yes than in such case how should I deal with Excess Output Liability declared wrongly?

Thanking You
Nirmal Dave

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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25 October 2023 As per your figures you have claimed excess ITC of Rs 586496/- and declared excess tax liability of Rs 586498/- . both figures are very identical, so it looks quite strange but as of now going by these figures since you have corrected the input and output in 9, if any notices comes you can reply that excess ITC claim is set off by excess output liability and both of them were identical so there is no loss to the revenue

NIRMAL DAVE

NIRMAL DAVE (Querist)
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30 October 2023 Thank You Sir for your valuable guidance.

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