GST minus Return Filing

Sir,

We are providing auditoriums for rent and opted GST R1 and GSTR 3B filing on quarterly.

During April 21 the rent collection was Rs.91000/- and an amount Rs. 16380/- is collected as GST. Due to Kovid lockdown, we are forced to cancel the bookings and refunded the amount of advance and GST collected on them. Hence for the quarter April 21 - June 21, the amount refunded is more than the amount collected. That is the net collection for the quarter is minus.

Is it possible to file the returns with minus figures? 

Month            Rent                     GST Collected      Rent Refunded               GST Refunded

Apri 21           91,000                        16,380                  --                                     --

May 21             --                                 --                    70,000                              12,600

June                 --                                 --                    40,000                                7,200

Total              91,000                        16,380              1,10,000                              19,800

 Hope that the issue is understood.

Antony Kaitharath

 

Replies (1)
It is not possible to file GSTR-3B with negative figures. File nil return for now and deduct the balance from next quarter receipts.

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