TDS AND TCS CREDIT AFTER FILING OF RETURNT

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Teerth (Querist)
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24 June 2020 Hello All,
I have filed all the TDS and TCS Credit Return under GST of on of my clients till March 2020.
However the same amount of TDS/TCS Credit is not added to their Cash Ledger in GST.
Why so?? What shall I do as next step?? Please Guide..

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 June 2020 As far as deductee is concerned, the deductee needs to accept/reject the TDS/TCS credit on the GST portal by filing 'TDS/TCS Credit Received' tab

Teerth

Teerth (Querist)
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25 June 2020 Sir, with due respect that thing is completed. We have accepted the credit and the return is filled accordingly. Still the cash ledger is not raised by that amount.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 June 2020 In such a case contact contact GST help line to check why it's not credited.

Teerth

Teerth (Querist)
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30 June 2020 ALSO SIR I WOULD LIKE TO BRING TO NOTICE THAT THE AMOUNT OF TCS CREDIT IS SHOWING UNDER GSTR-2A. SO DO I NEED TO TAKE SUCH AMOUNT AS CREDIT WHILE FILING GSTR-3B?? PLEASE GUIDE??

Teerth

Teerth (Querist)
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30 June 2020 I HAVE FILLED ALL THE TDS AND TCS CREDIT RECEIVED RETURN UNDER GST PORTAL FOR FY 2019-20. HOWEVER THE AMOUNT OF TCS DEDUCTED IS NOT APPEARING UNDER ELECTRONIC CASH LEDGER. INSTEAD THE SAID AMOUNT IS SHOWING AS DIFFERENTIAL AMOUNT IN "ITC CREDIT CLAIMED AND DUE" UNDER "COMPARISON OF ITC CLAIMED". PLEASE GUIDE ME WHETHER THE SAID AMOUNT SHOULD BE APPEARING IN MY ELECTRONIC CASH LEDGER OR NOT. WHETHER I HAVE MISSED TO FILE SOMETHING UNDER GST RETURN OR NOT.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2020 Yes, it should appear in electronic cash ledger. Check any ITC claim missed.

Teerth

Teerth (Querist)
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30 June 2020 Yes sir, I checked the entire COMPARISION BETWEEN ITC CLAIMED AND DUE. The exact difference between the said amount is of TCS Credit that I have received in filing return of TDS and TCS Credit Received.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2020 The main reason for this is TCS credit appear in 2A.
TCS credit can't appear in 2A.
Check why this is happening.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 June 2020 Credit available in 2A avail this it will solve your problem.

Teerth

Teerth (Querist)
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04 July 2020 Right Sir sure i will check into it. Thanks alot sir.

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