Query 1:-While reading the provision for GSTR 7 there is a refund option for erroneously paid tds by the deducter, then what about GSTR 8 e commerce operator can apply for erroneously paid TCS if the supplier is not claimed such erroneously paid tax in electronic cash ledger? If yes under which head?
Query 2:- in case of GSTR 7 and GSTR 8 GST deductor and e commerce operator can adjust excess paid TDS and TCS against subsequent month TCS liability? What is the time limit pf such adjustment?
Menu
GST query...............
Replies (1)
Query 1) Refer section 52(10). Therefore the only way is rectification within due date of September return of following FY.
Query2) Refer section 52(6) and its proviso for TCS. For TDS it is the refund route, Refer Section 51(8)
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
