Mismatch of tax component of supplier-customer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 October 2017
The party has deposited an amount of Rs 3200/- under the Head of IGST charged in Aug and deposited and filed in 3B in sep. But the other party (buyer) has taken it under CGST and SGST in its 3B. Pl clarify
a) shall the seller has to deposit extra amount of 3200/- under CGST & SGST as arrears and as advance under IGST in 3B of sep to be deposited in oct .
b) shall the seller has to pay interest of one month though the amount has been deposited in time but under the wrong head.
a) shall the seller has to deposit extra amount of 3200/- under CGST & SGST as arrears and as advance under IGST in 3B of sep to be deposited in oct .
b) shall the seller has to pay interest of one month though the amount has been deposited in time but under the wrong head.
17 October 2017
In GSTR 3B mistakes are rectifying in GSTR main returns. But, Cash payments can't available for inter change from One head to other Head. Above said way As per my understand,
Payment may be payable on particular heads with interest. The IGST payment is shown your cash ledger as IGST. You can use it in future or can claim as refund...
(But, You can't says the Invoice Nature. So, I replied above said view only)
Payment may be payable on particular heads with interest. The IGST payment is shown your cash ledger as IGST. You can use it in future or can claim as refund...
(But, You can't says the Invoice Nature. So, I replied above said view only)
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