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liability ledger not updating
For month of Sept.I had submitted GSTR-3B and deposited the due GST and printed the payment receipt. The cash ledger shows the amount deposited as balance while the liability ledger showing the same as due (liability). Why no adjustments have been done ?
Replies (7)
set off your liability first
How ? I have made the payment under the heads it was due ,I.e., CGST and SHST
Sorry. Read it as SGST
you have just made your challan and amount is deposited in cash ledger . you have to set off your liability in gstr 3b in point no. 6 tax payment.
Thanks. Is the Int and late fee to be deposited , then only it will ‘set off’. Would the Sept payments also attract Int / late fee , though payments made before due date, 20th, but set off done later
gov has waived late fee till September on gstr 3b.however if portal is still showing then you have to pay it,the same will be refunded back in your cash ledger. or you can wait few days,may be it will not show
and dont forget to file your return become submitted doent mean that you have file your return.after setoff file it with evc or dsc
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