I have received a message of difference in Turnover between GSTR3B and GSTR7. Our company works with Indian Railways. How can there be difference in GSTR3B and GSTR7? because GSTR7 is not applicable on us.
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Difference between GSTR3 B and GSTR7 Turnover
Replies (3)
Quick Summary
But gstr 7 is for those who have deducted TDS.
As Indian railways is a government company and they should deduct TDS. Turnover shown by them is different from your turnover declared in gstr 3b means there is any error in invoices or non declaration of invoices or error in gst rates, hsn codes, or place of supply. You have to rectify the turnover by amending invoices. As TDS is deducted so that you can check 26AS so that you can sure what is the actual amount you received from INDIAN RAILWAYS on which tds has been deducted
As Indian railways is a government company and they should deduct TDS. Turnover shown by them is different from your turnover declared in gstr 3b means there is any error in invoices or non declaration of invoices or error in gst rates, hsn codes, or place of supply. You have to rectify the turnover by amending invoices. As TDS is deducted so that you can check 26AS so that you can sure what is the actual amount you received from INDIAN RAILWAYS on which tds has been deducted
Hi Sourav,
Thanks for your reply.
We have 25 percent turnover to Railways. Whereas as per the the message, difference is of entire turnover for the year.
Then you should post an appeal
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