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3B taxable value error

Others 299 views 3 replies

Hi,

I have mentioned excess RCM taxable value in 3B but tax is correct . How rectified excess table value..

Kindly help.

Replies (3)
Https://play.google.com/store/apps/details?id=com.si.gstcalculator

use the App - "GST Eagle" GST Interest and Late Fees Calculator. with Regular GST Updates.

        In next RCM case , you report that much taxable value less but report tax correctly , So that in Annual return amount will tally , because your total. RCM taxable value of F.Y will reflect in Table 9 of GSTR 9 at the year end . 

        Your  Inward supply liable to  RCM  in Table 4(G)  of  GSTR9  should  Tally  with  Table 9 of  GSTR9 .

You can either reduce the taxable value in GSTR-3B of subsequent months or you can correct the same in GSTR-9, as you have mentioned the correct value of tax so no interest liability will arise in this case.


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