for F.Y 2017-18, outward taxable supply and tax paid reported in gstr3B is more than gstr1 (actual supply as per books) except July 2017). In July 17 outward taxable supply is less in gstr3B as compared to gstr1.
in gstr-9 I declare the actual supply which match with gstr-1. now tax authority ask me to pay the gst shortpaid in July 2017 with interest.
is there any provision or circular/ notification to adjust the short paid liability of July in the upcoming months excess payment.
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Mismatch between gstr1 and gstr3B
Replies (3)
Quick Summary
Payment can be made through drc03 by selecting relevant month with interest.
Sir is there any provision to adjust the excess paid gst by debit in electonic credit ledger for the month of August 17 with the short paid liability of July 17.
You should simply look at the full period i.e. From July to March, if there is any amount payable in totality, than only you are required to deposit the tax.
As you mentioned in 2017-18 overall excess tax deposited in 3B, that simply mean you deposit tax liability of July 3B in next upcoming months for some bills. So accordingly you don't have to pay any tax amounts at the time of GSTR_9, however you can deposit interest for period from July to date of deposit in next upcoming month return.
As you mentioned in 2017-18 overall excess tax deposited in 3B, that simply mean you deposit tax liability of July 3B in next upcoming months for some bills. So accordingly you don't have to pay any tax amounts at the time of GSTR_9, however you can deposit interest for period from July to date of deposit in next upcoming month return.
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