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Gst turnover mismatch

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Ravi

Ca articleship

265 Points Posted on 20 July 2022

Hi family

we are filling our GST returns quarterly basis

last quarter of financial year GSTR 1 turnover was entered wrongly and showing liability to pay but GSTR 3b was filled correctly

we have ammended the turnover in gstr 1 in Q1 2022 still liability of last year is showing

how can we offset or remove liability, please let us know

thanks
ravi

Replies (3)

Quick Summary

This discussion addresses a GST turnover mismatch where an incorrect figure in GSTR 1 led to an apparent liability, despite GSTR 3B being filed correctly. The user amended the GSTR 1 in a subsequent quarter, but the old liability still shows. The advice provided suggests the liability should have been offset through the current period adjustment during the amendment process.

CA Rashmi Gandhi

Chartered Accountant

44487 Points Posted on 21 July 2022

The liability get reduced in the I Qtr where you made ammendment

Ravi

Ca articleship

265 Points Posted on 21 July 2022

Ok Madam, how we can set off last year and current year short fall and excess or is there any further action is required from ourside, please let us know