Tds credit under gst

such amount can be adjusted prospectively and not retrospectively.

You can take effect of adjust only after filing TDS return. So you cannoy adjust against June 2019 payment liability.

Yes ...I think you can..... as it get reflected in Your Cash Ledger , Even though it pertains to July but as you have filed & accepted the same before you file your June 3B , (as you are paying late fee for June if it is file after due date)

Note : It's in cash ledger & taxpayer get balance in cash ledger only when make a payment to cash ledger .

Now lets understand it with Example , suppose I did not file my may GStR 3B , & tax liability arising therein , now if I go for filing may 3B in July , I have to deposit cash in my cash ledger in July only & same can be setoff against May 3b liability

Thanking you

In my opinion it cannot be done since this will encourage the practice to delay the filing of 3B and set off of liability arising in that particular month by utilizing the credit of TDS in cash ledger. Since TDS was deducted in July and your liability pertains to June even though you have filed TDS return and amount of TDS has been reflected in your cash ledger you should not set off liability of June with that balance.

@ CS ABHISHEK GOYAL

EVEN THOUGH MY LIABILITIES PERTAINS TO JUNE BUT SAME IS BEING SETOFF IN JULY THEN WHY CAN'T I SET OFF THE SAME .

SIR ITS IN MY CASH LEDGER BALANCE & HARDLY MATTERS WHETHER ITS OF JUNE OR JULY .

the balance in cash ledger is there own amount which was deducted at the time of transaction so they can use this credit once they get in there ledger