Excess Output GST Liability Paid

Save Share

This query is : Resolved

Quick Summary

This discussion addresses how to handle an excess IGST output tax liability that was mistakenly paid via GSTR-3B for the financial year 2019-20. The user entered an incorrect IGST amount, creating a debit balance in their books, despite having no actual IGST liability in subsequent months. The advice provided suggests filing a refund for the excess IGST paid through the GST portal.

DEVENDER THAKUR

DEVENDER THAKUR (Querist)
Follow

10 December 2020 What to do if Excess IGST Output Tax Liability Paid during F.Y 2019-20 . Wrong Figure entered by mistake and paid through GSTR-3B but there was no IGST Liability in the succeeding months. Debit balance still running in the Books. What should we do now??? Please guide..

Lekhraj sood

Lekhraj sood (Expert)
Follow

10 December 2020 If you describe the details of the transaction then I can advise you.

DEVENDER THAKUR

DEVENDER THAKUR (Querist)
Follow

11 December 2020 Ok sir ! For the Month of Nov 19 , the output Tax Liability was as follows:
IGST: NIL, CGST: 25800, UTGST : 25800, But mistake reported in GSTR-3B as follows:
IGST: 25800, CGST:25800, UTGST; 25800. and total liability set off with the ITC.

Lekhraj sood

Lekhraj sood (Expert)
Follow

11 December 2020 You can file a refund for IGST of 25800/- on the portal.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now