There were certain credit notes and amendments made in 18-19 for FY 17-18 which result in a negative figure of Rs.1200 which was adjusted in the GSTR3B for the month in 18-19 in which the credit notes were uploaded in GSTR1.
So the tax payable in Table 14 will reflect a negative figure, right? What about the tax paid column? Negative figure there too since this was adjusted against GST payable in 18-19 GSTR3B?
Thank you.
Credit notes and invoices dated March 2018 were entered in GSTR1 of April 2018 as they were missed out in March. The net tax effect was a 1200 GST on sales and 3000 GST on credit notes = -1800 which was adjusted against tax payable in GSTR3B of April.
For reporting in GSTR9,
Table 10 - CGST Rs.1200, SGST Rs.1200
Table 11 - CGST Rs.300, SGST Rs.3000
How should I report this in Table 14? Because 1200-3000 is (-)1800. Negative figure.
What should I enter in tax payable column and tax paid of Table 14?
Thank you.
under table 14
Report 900/- under Sgst Payble & Paid
Report Nil under Cgst under Payable & Paid (ignore negative figures)
above reply is assuming that you have reported the above amendment & claims in 3b before 31.3.2019
Yes, reported in GSTR3B before 31.03.2019. Thank you so much.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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