Wrongly declared the turnover under Table 4 instead of 6C

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A user mistakenly declared taxable turnover under GSTR1 Table 4 when it should have been under Table 6C as deemed exports at 0.1%. They are seeking advice on potential problems for GSTR9 and GSTR9C filing and how to correct it. Initial advice suggests filing GSTR9 based on books of accounts, with potential issues arising if claiming ITC refunds. Correction might be possible in September or October's GSTR1. However, a subsequent reply clarifies that the declared turnover is correctly placed in Table 4 as it's not a deemed export supply, but rather for merchant exports at 0.1%.

muthusundar

muthusundar (Querist)
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15 October 2020 Dear experts,

FY 2019-20 in GSTR1 we have declared Rs. 2 crore Taxable Turnover under the Table 4. Actually this is deemed exports @ 0.1%. It should be shown in GSTR1 under the Table 6C. will it create any problem, while filing the returns GSTR 9 & GSTR 9C? Please guide me to rectify it.

Lekhraj sood

Lekhraj sood (Expert)
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15 October 2020 You fill up GSTR9 correctly based on your books of accounts.
There can be problem if you want to claim refund of ITC. Since it is for financial year 2019-20 you can do correction in September GSTR1 if you have not filed or system may permit you to do in October GSTR1 also .

Lekhraj sood

Lekhraj sood (Expert)
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15 October 2020 Please ignore my earlier reply. You have correctly declared in table 4.it will not be reported in table 6c because it is not deemed export supply. 0.1% is for merchant export which is not deemed export under gst.

muthusundar

muthusundar (Querist)
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16 October 2020 Thank you very for your valuable reply

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