Home Forum Goods and Services Tax - GST Month 8 2023 2023 (8) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Outward liability shown in GSTR9 and settlement of tax - Goods and Services Tax - GSTExtract One of my client has inadvertently missed to show complete sell /outward tax liability in GSTR-1 and paid tax according to the outward supply shown in GSTR-1 . Hence no question of short payment arises. But later on he has shown excess outward supply in the GSTR-9 for the same period and paid applicable tax through DRC-03 but not paid the interest as he argued that he filed annual return and excess liability has been shown in annual return and tax paid accordingly. The matter pertains to 2017 18 and he filed annual return on 5.12.2020 while made payment on 20.12.2020. Whether liability shown in annual return instead of GSTR-1 is currect and whether he is liable to pay interest,as department sought. Please guide.
|