Excess gst amount paid
This query is : Resolved
Vinod Kumar Shukla
(Querist)
15 September 2018
Dear Expert,
While filing GSTR-3B for Nov-17, we have wrongly charged GST to a party who was registered as SEZ tax payer and obtained GST certificate as SEZ unit. We have filed the GSTR-3B and paid the GST accordingly. But while filing the GSTR-1, the system did not accept those invoices raised on the SEZ tax payer. After contacting the GST Help desk, we were told that we should not charge GST on these invoices. Hence, we uploaded the GSTR-1 after removing the GST amount.
My query is whether the excess GST amount paid in cash or adjusted with Input will be adjustable with current GST returns or not. What will be treatment to match the GST ledgers with books??
Thanking you in advance
Vinod Kumar Shukla
9167230106
While filing GSTR-3B for Nov-17, we have wrongly charged GST to a party who was registered as SEZ tax payer and obtained GST certificate as SEZ unit. We have filed the GSTR-3B and paid the GST accordingly. But while filing the GSTR-1, the system did not accept those invoices raised on the SEZ tax payer. After contacting the GST Help desk, we were told that we should not charge GST on these invoices. Hence, we uploaded the GSTR-1 after removing the GST amount.
My query is whether the excess GST amount paid in cash or adjusted with Input will be adjustable with current GST returns or not. What will be treatment to match the GST ledgers with books??
Thanking you in advance
Vinod Kumar Shukla
9167230106
CA R SEETHARAMAN
(Expert)
15 September 2018
Adjustable with current month GST return.
CA Rashmi Gandhi
(Expert)
15 September 2018
YOU CAN ADJUST THE EXCESS PAID GST IN SAME MONTH OR NEXT MONTH RETURN
Vinod Kumar Shukla
(Querist)
18 September 2018
How it would be adjusted?
CA Rashmi Gandhi
(Expert)
21 September 2018
Same will be available in your cash ledger & you will adjust or use it in next month
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Reward for festival
- GSTR9 Annual Return
- Import of Capital Machine
- Gift to nri relatives resides in usa
- TDS Return Statement Status
- RCM and same line
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
