Hi,
new gst set off rules are applicable for Jan 2019 3B or from Feb 2019 3B?
The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019.
13 Replies
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 08 February 2019
The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019.
CA.Pankaj Rawat
(Chartered Accountant)
(1381 Points)
Replied 08 February 2019
section 21 of new cgst act applicable from 01.02.2019 that means sett off rules is applicable for GSTR-3B January 2019 return. pls let me know if i am wrong.
bindu
(accountant)
(28 Points)
Replied 19 February 2019
| Originally posted by : Susmita Dutta, ACA , CPA | ||
 |
The new GST set off rules is applicable for FORM 3B is FEBRUARY 2019. |  |
I too have the same doubt. Please clarify...Set off rules will be applicable for Jan Or Feb GSTR 3B
Sivaraman A R
(.)
(1040 Points)
Replied 21 February 2019
Any clarification on this topic. I am also confused. GST Portal is taking old setoff rule
bindu
(accountant)
(28 Points)
Replied 21 February 2019
GST portal set off rules may change for February Returns. As per our auditors and most of the ca club memebers, it will be applicable from february returns. As per our auditors and most of the CA club memebers, it will be applicable from february returns. So, lets wait and see...
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 22 February 2019
Rules of Set Off from the Month of February Return 2019.
jivan
(accountant)
(22 Points)
Replied 02 March 2019
All Dear Sir
Please Clarify me GST New Set off Rule as per GST act rule.
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 06 March 2019
Say supplier for February 2019 has following data for filing GST 3B
*Output tax liability*
IGST- Rs 200
CGST-Rs 200
SGST- Rs 200
Total- Rs 600
*ITC Available*
IGST- Rs 300
CGST-Rs 200
SGST- Rs 100
Total- Rs 600
*Before 01.02.2019 set off was as under*
*NO TAX IS TO BE PAYABLE*
IGST liability of Rs 200 set off from IGST ITC
CGST liability of Rs 200 set off from CGST ITC
SGST liability of Rs 200 set off from remaining IGST ITC of Rs 100 and SGST ITC of Rs 100
*After 01.02.2019 (Section 49A) set off was as under*
*Supplier need to Pay Rs 100 from its pocket despite of having ITC available*
IGST liability of Rs 200 set off from IGST ITC
CGST liability of Rs 200 set off from remaining IGST ITC of Rs 100 and CGST ITC of Rs 100
SGST liability of Rs 200 set off from SGST ITC of Rs 100 and rest liability of Rs 100 will be paid in cash
Rakesh Gupta
(Manager)
(134 Points)
Replied 18 March 2019
On GST Portal, the new rules are not yet implemented and manually setting off is not working.
In a fix now on how to file the return and only 2 days left to file return.
Any Solution guys....
Sivaraman A R
(.)
(1040 Points)
Replied 20 March 2019
Yes Same problem for me too. Since portal is not accepting new setoff, we need to go by old GST facilitated rule only. Kindly take a screen shot of the error message
SHARAD GOYAL
(CA)
(38 Points)
Replied 18 April 2019
Still GST portal follow old set off rule, is there any clarification?
GST Portal is taking old setoff rule
Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp
Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp
GST Portal is taking old setoff rule
Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp
Read more at: https://www.caclubindia.com/forum/gst-new-set-off-rules-502506.asp
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