LESS TAX LIABILITY SHOWN IN GSTR3B

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... I have filed GSTR-1 correctly but by mistakely I was filed GSTR-3B nil for march 2021. Now what can I do.? That sales will be added in JUN-2021 or Can file DRC-03 . .? - Reply By Shilpi Jain - The Reply = You can either pay in next GSTR-3B or pay through DRC-03 . However in case u wish to not increase the interest cost involved in this you can pay it through DRC-03 right away. S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uggest to also make an intimation to department to avoid any letter and enquiry regarding GSTR-1 and GSTR-3B - Reply By KASTURI SETHI - The Reply = SH.RAHUL GAIKWAD JI, Best route is to touch up your mistake via GSTR 3B for June, 21 . Pay tax and interest on your own i.e. without any notice or letter from the department. I do not advise you to touch up your mistake through DRC-03 . .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DRC-03 route can ignite unnecessary correspondence from the department. You are not too late. - Reply By Shilpi Jain - The Reply = Paying through DRC-03 also saves you from the reconciliatoin issues for the next year. As you would have to keep track in your current year GSTR-1 v 3B the liability of PY pain in current year. This also gets disclosed in table 4 in your GSTR-9 along w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ith other liability paid through 3B in last year. Techincally you can pay by 3B or DRC-03 , you can chose based on your convenience. - Reply By KASTURI SETHI - The Reply = I agree with Madam Shilpi Jain. I consider GSTR-3B safer than DRC 03 . - LESS TAX LIABILITY SHOWN IN GSTR3B - Query Started By: - RAHUL GAIKWAD Dated:- 16-7-2021 Goods and Services Tax - GST - Got 4 Replies - GST - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X