Webb9 jan. 2024 · The CBIC has said that erring business will get 'reasonable time' to explain reasons behind the mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B before... Webb9 jan. 2024 · The indirect tax body further said in some cases there may be a genuine reason for the difference between the details of outward supplies declared in GSTR-1 …
Guidelines for recovery for self-assessed tax (GSTR 1 vs GSTR 3B)
Webb29 juni 2024 · The matching of the details of e-Way Bills and the Tax paid in GSTR-1 brings clarity & increases the accuracy of the GSTR-1 filling, & consequently GSTR-3B & GSTR … WebbFör 1 dag sedan · Pleased to share that my article 'GSTR-1 and 3B mismatch - Rule 88C perspective' vetted by CA Shubham Khaitan has been published as a featured article on … hci tech mahindra
Reconciliation between GSTR-3B and GSTR-1 Blog
Webbcenvat reversal, as the case may be, at the time of filing Form GSTR-3B, in reply to the notice. Some scenarios of differences and important tips to tackle the issues – a. Difference in liability declared in GSTR 3B and GSTR 1: Scenario- There may a case that there is a difference between GSTR 3B and GSTR 1 with respect to the liability amount. WebbThe main reason for the difference in the sales amount and output tax in 3B and GSTR1 is the; (i) Issuance of credit notes/ debit notes, (ii) the amendments made in the sales invoices, and (iii) some invoices which are disclosed in GSTR1 and not in 3B and vice versa. (inadvertently or by commission) Webb14 aug. 2024 · While GSTR-3B is required to be filed instead of GSTR-3, there is no return which legally replaces GSTR-2. There is no provision of the CGST Act or the CGST Rules that provide for denial of claim of ITC in case of difference in … eszi kollégium