Experts Query Daily Digest :29 December 2025



29 December 2025 at 11:25
Posted On : 29 December 2025

Accounting of branch but having one current Account

Dear Sir,
A company has six branch in different states, therefore having separate GSTIN also. But the company has only one current Account. All branches payment, expenses, credit are being done with same bank account.

In this scenario since we have different GSTIN in all states, how to maintain Account of separate branches with one bank Account wherein most of the debit & credit entries are related to other branches.

Pls guide how to tackle this scenario....

Thanks


29 December 2025 at 04:56
Posted On : 29 December 2025

GSTR-9 Annual Return

Hi sir, iam Ramesh,
ITC wrongly availed & not utilised till now Gstr3b of FY 24-25, while filling Gstr9 table 6J shown difference as negative value of excess claimed ITC, how to resolve it,
How much penalty, please guide me sir .



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