khurshid wani (student) (26 Points)
26 November 2020
Bullseye Advisors
(GST consultants)
(89 Points)
Replied 26 November 2020
Below are the options :
1. Pay CGST+SGST and adjust IGST in GSTR3B - not suggested since September 2020 is the time limit to make adjustments in 3B;
2. Pay CGST+SGST through 3B and opt for refund of IGST.
3. Pay CGST+SGST through DRC-03 and opt for refund of IGST - suggested since filing DRC-03 will ensure no penalties can be levied in the future.
Both options 2 and 3 can be considered.
Ensure to disclose correctly in GSTR9 / 9C.
Shivam RC
(Student)
(23683 Points)
Replied 26 November 2020
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1329 Points)
Replied 26 November 2020
SIR,
Is that for 2018-19 difference in tax (i.e 2018 april we have a difference for sales ( cgst- sgst ) declared in 3B is shorter than GSTR 1 around 20000/-) now I need to pay with interest from 2018 may 22 to till date right? which challan need to use?
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
