During the initial stage of TRAN 1, I had claimed "EXCESS CREDIT CLAIMED AS REFUND IN THIS RETURN" under Form 231 for Q1 of 2017 after filing the VAT RETURN. No Statutory Forms were required as it was Credit of STATE.
However now I am getting calls from GST dept to reverse the same but they aren't giving any reason as to why there should be a reversal. And failing to do so they will pass an Order for Revocation of credit.
Kindly help me out in this situation.
Thanks!
Menu
REVERSAL OF TRAN 1?
Replies (2)
The last date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement and Audit Report in FORM GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th NOVEMBER, 2019.
REMOVAL OF DIFFICULTY ORDER No. 07/2019-CT dated 26.08.2019, issued by the CBIC Department.
Hence, the latest Due Date to file ANNUAL RETURN ( GSTR-9 and GSTR-9A ) and Reconciliation Statement and Audit Report ( GSTR-9C ) is 30.11.2019.
REMOVAL OF DIFFICULTY ORDER No. 07/2019-CT dated 26.08.2019, issued by the CBIC Department.
Hence, the latest Due Date to file ANNUAL RETURN ( GSTR-9 and GSTR-9A ) and Reconciliation Statement and Audit Report ( GSTR-9C ) is 30.11.2019.
SIR
WHILE FILING TRAN 1 I ENTERED AMOUNT RS.70610/- ASPER LAST RETURN(30/06/2017)
AND ALSO BY MISTAKE IN TABLE 7(D) AS RS 25784/- AS STOCK IT IS NOT SO
HOWEVER IREVERSED RS.25784/- IN MARCH 2019 3B RETURN.
NOW I HAVE RECEIVED NOTICE FROM THE DEPT. BY MAIL DRC-01 TO PAY
25784/- +OTHERS RS.24000/- THOUGH I HAVE REVERSED THE TAX THE DEPT.
DEMANDED AGAIN PLEASE ADVISE HOW TO REPLY
THANKS JAYARAMAN
Recent Topic
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
Related Topics
CAclubindia
