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Treatment of Excess Output Tax & Excess ITC in GSTR-9, Goods and Services Tax - GST

Issue Id: - 115133
Dated: 27-6-2019
By:- TAPAN RAI
Treatment of Excess Output Tax & Excess ITC in GSTR-9

  • Contents

Dear Members,

A taxpayer has shown excess output supply as well as excess ITC claim in 2017-18 due to clerical error. No rectification done during 2018-19 Now what should be treatment in GSTR-9?

Excess Output Supply in Jan 2018 - 20.00 Lac Output Tax Liability declared : 2.40 Lacs

Excess ITC claimed in Jan 2018 - 3.60 Lac

He had deposited the differential tax of 1.20 Lac in Sept 2018 but was not able to declare the amendments in 3B due to 3B not accepting negative figures.

Pls. guide.

Thanks & Regards

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Posts / Replies

Showing Replies 1 to 6 of 6 Records

1 Dated: 29-6-2019
By:- Ganeshan Kalyani

Both can be rectified in the annual return.


2 Dated: 1-7-2019
By:- TAPAN RAI

Sir,

Could you please elaborate.

In which Tables to make the rectification? How to set-off the additional tax liability of 1.20 Lacs?

Thanks & Regards


3 Dated: 3-7-2019
By:- Nandan Khambete

Fill correct figures in table 4 for Liability as per books. ITC as GSTR 3B will auto populate in Table 6. Reverse 3.6lacs in Table 7 and specify nature of reversal.


4 Dated: 3-7-2019
By:- SAJAN KUMAR

Dear ,

You Can rectify in annual return and if your are covered under GST-9C then different will be show in Audit report (9C)

You put the actual figure in Annual return .and the different amount will be pay or refund.

BY Sajan kumar


5 Dated: 10-7-2019
By:- DR.MARIAPPAN GOVINDARAJAN

I endorse the views of Shri Nandan


6 Dated: 10-7-2019
By:- TAPAN RAI

Thanks to all the learned members for your guidance.


1

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