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Claim ITC and rectify errors for transactions disclosed in GST Returns pertaining to the FY 2018-19
Taxpayers under regular category are filing GSTR 1 and GSTR 3B to report their transactions. GSTR 1 is for reporting of details of outward supplies including amendments if any and GSTR 3B is for reporting summary transactions for payment of taxes and claiming ITC.
Transactions relating to the tax period April 2018 to March 2019 may be rectified while filing returns for September 2019 (Last date to file GSTR 3B for September 2019 is 20th October 2019). No additional claim of missing ITC may be made post filing of September 2019 returns.
Action to be taken before on or before filing GST returns for September 2019 –
- Reconcile ITC appearing in GSTR 2A with Inward Register
- Claim missing ITC not appearing in Purchase Register
- Follow up with suppliers who have not reported invoice details for sales made to you
- Reconcile if the invoices raised to customers are correctly reported in B2B (customers having GSTIN) or in B2C (unregistered customers)
- Reconcile turnover reported matches with Books of Account as well as GSTR1/3B
We have prepared various scenarios wherein taxpayers may have erred in furnishing details in returns for 2018-19 and methodology to rectify the same in GSTR 1 or GSTR 3B of September 2019 Returns which is fast approaching.
| Sl. No. | Error Scenarios | Return Type | Action to be taken in GST Returns | Table Reference in GST Returns |
| 1 | Missed to disclose domestic taxable outward supply transaction GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Disclose the domestic taxable outward supply transaction in GSTR-1 to be filed for September 2019 | 4A, 4B, 4C, 6B, 6C – B2B 5A, 5B – B2CL 7 – B2CS |
| GSTR-3B | Add taxable turnover and tax liability in GSTR-3B to be filed for September 2019 | 3.1 (a) – Outward Taxable Supplies (Other than Zero Rated, NIL and Exempted) | ||
| 2 | Missed to disclose export outward supply transaction in GST Returns pertaining to any of the tax period April 2018-March 2019.
Missed to update shipping bill & port code details for the export transactions disclosed in the GST Returns during the period April 2018-March 2019 |
GSTR-1 | Disclose the export outward supply transaction in GSTR-1 to be filed for September 2019 Amend the export transaction with shipping bill details & port code |
6A – Exports 9A – B2B, B2CL & Exports Amendment |
| 3 | Missed to disclose Debit Note / Credit Note transaction in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Disclose the CN/DN transaction in GSTR-1 to be filed for September 2019 | 9B – CNDN (B2B, B2CL & Exports) |
| GSTR-3B | Adjust CN/DN taxable value and tax liability in GSTR-3B to be filed for September 2019 | 3.1 (a) & 3.1 (b) | ||
| 4 | Missed to disclose advance tax liability in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Disclose the advance tax liability in GSTR-1 to be filed for September 2019 | 11A (1) – Advance Tax Liability |
| GSTR-3B | Add advance value and tax liability in GSTR-3B to be filed for September 2019 | 3.1 (a) & 3.1 (b) | ||
| 5 | Missed to adjust advance tax liability in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Adjust the tax liability in GSTR-1 to be filed for September 2019 | 11B (1) – Adjustment of Advances |
| GSTR-3B | Adjust advance value and tax liability in GSTR-3B to be filed for September 2019 | 3.1 (a) & 3.1 (b) | ||
| 6 | Incorrectly disclosed advance tax liability in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Adjust the advance tax liability in GSTR-1 to be filed for September 2019 | 11A – Advance Tax Liability |
| 7 | Incorrectly adjusted advance tax liability in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Correct the advance tax liability adjustment in GSTR-1 to be filed for September 2019 | 11B – Advance Tax Liability |
| 8 | Furnished incorrect Tax Invoice / CNDN No., Tax Invoice / CNDN Date, POS, Customer GSTIN, Tax Rate, Tax Amount, Taxable Value & Invoice Value in GST Returns pertaining to the outward supply transaction for the period April 2018-March 2019 | GSTR-1 | Amend the tax invoice / CNDN document with correct details as mentioned on the Tax Invoice in GSTR-1 to be filed for September 2019 | 9A – B2B, B2CL & Exports Amendment 9C – CNDN Amendment 10 – B2CS Amendment |
| GSTR-3B | Adjust the taxable turnover & tax liability to the extent of correction in GSTR-3B t be filed for September 2019 | 3.1 (a) & 3.1 (b) | ||
| 9 | Missed or incorrectly disclosed outward nil rated, exempt & non-GST supply in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-1 | Add / correct outward nil rated, exempt & non-GST supply figures in GSTR-1 to be filed for September 2019 | 8A, 8B, 8C & 8D – Nil Rated, Exempt & Non-GST Supply |
| GSTR-3B | Add / correct outward nil rated, exempt & non-GST supply figures in GSTR-3B to be filed for September 2019 | 3.1 (c) & 3.1 (e) | ||
| 10 | Missed or incorrectly disclosed inward nil rated, exempt & non-GST supply in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-3B | Add / correct inward nil rated, exempt & non-GST supply figures in GSTR-3B to be filed for September 2019 | 5 – Inward Nil Rated, Exempt & Non-GST Supply |
| 11 | Missed or incorrectly disclosed RCM taxable value & tax liability in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-3B | Add / correct RCM taxable value & tax liability figures in GSTR-3B to be filed for Mar’19 | 3.1 (d) |
| 12 | Missed to avail eligible ITC in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-3B | Avail missed ITC in GSTR-3B to be filed for September 2019 | 4A – ITC Available (B2B, RCM, Import) |
| 13 | Availed excess ITC in GST Returns pertaining to any of the tax period April 2018-March 2019 | GSTR-3B | Adjust the excess claimed ITC in GSTR-3B to be filed for September 2019 | 4A – ITC Available (B2B, RCM, Import) |
| 14 | Missed to reverse ITC on account of non-payment to suppliers within 180 days from the date of invoice during the period April 2018-March 2019 | GSTR-3B | Reverse proportionate ITC to the extent of non-payment to the suppliers beyond 180 days from the date of the invoice in GSTR-3B to be filed for September 2019 | 4B (2) – Other Reversal |
| 15 | Missed to reverse ITC on account of partly exempt / non-GST and partly taxable supplies in GST Returns during the period April 2018-March 2019 | GSTR-3B | Reverse proportionate ITC as per the calculation u/r 42 & 43 of CGST Rules 2017 in GSTR-3B to be filed for September 2019 | 4B (1) – Reversal as per Rule 42 & 43 |
| 16 | Missed to disclose Ineligible ITC in GST Returns during the period April 2018-March 2019 | GSTR-3B | Disclose in-eligible ITC in GSTR-3B to be filed for September 2019 | 4D – In-eligible ITC |
| 17 | Missed to discharge interest liability on account of delay in payment of tax or reversal of ITC claimed in excess in GST Returns during the period April 2018-March 2019 | GSTR-3B | Disclose interest liability in GSTR-3B to be filed for September 2019 | 5.1 – Interest & Late Fees |
| 18 | Excess reversal of ITC in GST Returns during the period April 2018-March 2019 | GSTR-3B | Avail wrongly reversed ITC in GSTR-3B to be filed for September 2019 | 4A – ITC Available (B2B, RCM, Import) |
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purchase bill updated in gstr 2a by supplier in 2018-19.client didnt update the bill before september 2019.can client update the bill in jan 2020 GSTR 3B and claim itc for the year 2018-19?
An error has occured while filing GSTR 3b for September 2019. Against outward Sales, liability was only towards CGST and SGST. But equal amount of liability was erroneously shown in IGST also and the entire liability i.e., IGST,CGST and SGST had got set off against available IGST ITC. Request your advice as to how to resolve this issue.
Detailed article covering all scenarios in easy to read table form.Best I have read till date.Great job Rohit !!!
can credit be taken if credit is not visible in GSTR2A (because supplier has not filed return or paid tax)