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Query about Sales

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RAJESH JAIN

50 Points Posted on 09 January 2022

Hello,
There is a Sales difference between last year's GST Portal and Books of Accounts of one of my parties.
Difference in Gst Portal shows less amount :-
Taxable Value = 1020 Rs.
CGST & SGST = 18139 Rs.

someone tell me how to enter & Shows these liability in audited Balance Sheet.

Replies (3)

Quick Summary

A user is experiencing a discrepancy between their sales figures on the GST portal and their company's books of accounts, with the GST portal showing a lower taxable value and higher tax amounts. Another user advises checking base documents to determine the correct figures, suggesting the GST portal data is often inaccurate. The recommended solution is to correct the portal data and reflect the accurate position in GSTR-9, paying any outstanding taxes via DRC-03.

CA Aakarsh Jain

4330 Points Posted on 15 January 2022

Check your inbox

Nidhi

Chief Accountant

1673 Points Posted on 15 January 2022

Why are u not answering here instead of inbox

CA Altamush Zafar

GST Consultant

10402 Points Posted on 16 January 2022

First check from base documents what is correct, your books of accounts or details uploaded on GST portal? Mostly the details in GST portal are wrong as compared to books of accounts. You will need to correct the details in portal. Since it is of last year show the correct position in GSTR-9 and pay relevant taxes through DRC-03