Gst new set off rules

Rules 1249 views 13 replies
Hi,
new gst set off rules are applicable for Jan 2019 3B or from Feb 2019 3B?
Replies (13)

The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019.

The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019.

section 21 of new cgst act applicable from 01.02.2019 that means sett off rules is applicable for GSTR-3B January 2019 return. pls let me know if i am wrong.
pl clarify set off rule
Originally posted by : Susmita Dutta, ACA , CPA
The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019.

I too have the same doubt.  Please clarify...Set off rules will be applicable for Jan Or Feb GSTR 3B

Any clarification on this topic. I am also confused. GST Portal is taking old setoff rule

GST portal set off rules may change for February Returns.  As per our auditors  and most of the ca club memebers, it will be applicable from february returns.  As per our auditors  and most of the CA club memebers, it will be applicable from february returns.   So, lets wait and see...

 

 

Rules of Set Off from the Month of February Return 2019.

All Dear Sir 

Please Clarify me GST New Set off Rule as per GST act rule.

Say supplier for February 2019 has following data for filing GST 3B

*Output tax liability*

IGST- Rs 200

CGST-Rs 200

SGST- Rs 200

Total- Rs 600

*ITC Available*

IGST- Rs 300

CGST-Rs 200

SGST- Rs 100

Total- Rs 600

*Before 01.02.2019 set off was as under*

*NO TAX IS TO BE PAYABLE*

IGST liability of Rs 200 set off from IGST ITC 

CGST liability of Rs 200 set off from CGST ITC

SGST liability of Rs 200 set off from remaining IGST ITC of Rs 100 and SGST ITC of Rs 100

*After 01.02.2019 (Section 49A) set off was as under*

*Supplier need to Pay Rs 100 from its pocket despite of having ITC available*

IGST liability of Rs 200 set off from IGST ITC 

CGST liability of Rs 200 set off from remaining IGST ITC of Rs 100 and CGST ITC of Rs 100

SGST liability of Rs 200 set off from SGST ITC of Rs 100 and rest liability of Rs 100 will be paid in cash

On GST Portal, the new rules are not yet implemented and manually setting off is not working.

In a fix now on how to file the return and only 2 days left to file return.

Any Solution guys....

Yes Same problem for me too. Since portal is not accepting new setoff, we need to go by old GST facilitated rule only. Kindly take a screen shot of the error message

Still GST portal follow old set off rule, is there any clarification?

GST Portal is taking old setoff rule

Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp
GST Portal is taking old setoff rule

Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp


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