TMI BlogCMP 08 and Annual returnX X X X Extracts X X X X X X X X Extracts X X X X ..... The department has issued a notice to my client for short payment of GST in CMP-08 in comparison to the GST liability declared in annual return GSTR-4 for the period 2019-20. My query is whether declaring excess liability in annual return GSTR-4 that of the CMP-08 is liable for any action for recovery under section 73 . Have there any short payment at the end of the taxpayer? Please. - Reply By Sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilpi Jain - The Reply = Mere difference in CMP-08 and GSTR-4 should not lead to liability. You need to find out the reason for the difference and if it is due to any error in disclosure and there has actually been no supply on which GST has been missed to paid then mere difference should not lead to liability - Reply By KASTURI SETHI - The Reply = The notice is NOT FINAL as it is subject to your j ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustification of difference with your books of account and other documentary evidence. - Reply By Padmanathan Kollengode - The Reply = Dear Sudhir Kumar sir, What was the reason for difference between GSTR-4 and CMP-08 ? was it a clerical error in GSTR-4 ? or was there actual short payment which was corrected in GSTR-4 ? also check whether any amounts have been paid via DRC-03 . - CMP 08 and Annua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l return - Query Started By: - Sudhir Kumar Dated:- 3-5-2024 Last Replied Date:- 3-5-2024 Goods and Services Tax - GST - Got 3 Replies - GST - 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 X X X X Extracts X X X X
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