Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Negative tax liability in gstr 4

557 views

Save Share

SUBHANKAR MULLICK

ACCOUNTANT

75 Points Posted on 29 April 2022

while filing gstr 4 in f.y 2019 20 , inadvertently did not fill up table 6, there for negative tax liability arises of rs 17000, after that while filing CMP 08 for f.y 21-22 we have adjusted the negative tax liability by increasing our challlan amount,( BUT TURNOVER KEEP INTACT) mean while govt nullified the negative tax liability departmentally assuming that asseee doing mistake inadvertently , and negative the cash ledger as we have setoff the negative figure by CMP 08. now while filing GSTR 4 for f.y 21 22 , asking for increase turnover. pls suggest me what should I do and what is consequence of increasing turnover as we ready to pay negative amount of cash ledger.

Replies (3)

Quick Summary

This discussion addresses a common issue faced by composition taxpayers filing GSTR 4, where inadvertently not filling Table 6 resulted in a negative tax liability. Subsequent attempts to adjust this via CMP-08 led to the negative balance being transferred to the cash ledger by GSTN. Now, when filing the next GSTR 4, the system is incorrectly asking for increased turnover and tax. The suggested solution involves raising a ticket with the GST Helpdesk, as departmental officials are reportedly unaware of the problem. An advisory from GSTN suggests filing a refund for the negative liability, but clarification is needed on whether this can be processed without board instructions.

Pankaj Rawat

GST Practitioner

29904 Points Posted on 29 April 2022

Dear Subhankar :
Every Composition Tax-payer who has not furnish the table 6 of GSTR 4 of prev year facing this problem. while filling CMP-08 for the said period , liability being setoff by Negative liability register as it was not allowing to adjust from cash ledger.

Now as on 25/4/2022 , the GSTN has transferred the Negative Liability register balance to Cash ledger due which the Cash ledger is showing negative balance , thus while filling GSTR 4 , it is asking for tax again.

So ii is the problem being face by almost every Composition Dealer , & the only way out is to raise ticket to Helpdesk as I have already visited to department , they himself not aware of the same & asking to contact Helpdesk.

sabyasachi mukherjee

Profession

19978 Points Posted on 01 May 2022

How can one increase the challan amount?

Vikasanand Gupta

110 Points Posted on 28 May 2022

@ rawat sir,
regarding negative liability, the advisory dated 30.04.2022 issued by the GSTN. therein, they advised to file refund for negative liability. However, board has not issued any instruction/Circular/Notification.

Can refund be sanctioned on the basis of GSTN advisory.
Pls clarify.
Thanks