Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Regarding Excess Payment In FY 2018-19

265 views

Save Share

Prakash Chandra

191 Points Posted on 29 February 2020

How to claim Excess Payment In FY 2018-19 in GETR3B

our audit report and GSTR1 GTO same.
but 2.54 cr excess payment in GETR3B

can adjust in 2019-20

Replies (2)

Quick Summary

This discussion addresses how to claim excess payments made in FY 2018-19, particularly when discrepancies appear between GSTR3B and GSTR1. It clarifies that while adjustments to reduce output tax liability were possible, the deadline for rectifying 2018-19 figures in GSTR3B was 30th September 2019. Unfortunately, as this date has passed, direct adjustments for the excess payment in question are no longer feasible through GSTR3B.

Pankaj Rawat

GST Practitioner

55067 Points Posted on 01 March 2020

No .......
yes you can reduced your output tax liability in GSTR 3B but that to be done by 30/9/2019 as any amendment/rectification of 2018-19 could be done by September 2019 (Refer last Provisio under section 39)

So now you cannot .