Tag. How to file 3B and 1 Returns…. Now the scenario is changed, You dont need to show the purchases anywhere unless covered under the RCM. A screenshot of the same is as below to grasp a clear understanding of the issue. If the same has been reversed in GSTR 3B then only can be reported in annual return. This led to correct treatment of taxes (output & Input). 3B also have following issue:- keep it up. I used the concept and objective of filing GSTR 3-B for dealing with this issue. Total Outward Supplies for the month:1000( Taxable value) 36 (IGST) 63 (CGST) 63 (SGST), Credit Note in the same month: 800(Taxable Value) 0 (IGST) 72 (CGST) 72 (SGST), I think the above example will help you to ascertain my question ( HOW TO SHOW THE ABOVE DETAILS WHILE FILING GSTR-3B). We will automatically calculate the GSTR-3B Final values Copy such values on the GSTN Portal and File If you have already calculated Final GSTR-3B Values You can enter this data on ClearTax GST Software in the “Summary mode” Summary mode shows a full snapshot of GSTR-3B Return Nice article sir. My problem is , I sell through online site , in aug month i sold an item to an unreg. In the case of RCM, you can take the excess ITC also. when we setoff our ITC with Purchase ,,,,.. Thank you GST Expert. It can solve one problem but for other problem i.e. GSTN mandated GSTR 3B return filing for all taxpayers including Nil returns. CA Ruchika Tulsyan . I can not show this as Inward supply as the basic ledger accounts of parties under sales are in Trade Debtors. 0 Votes 1 Ans … Now issue is how to show GOA in table 3.1 in negative figure? 3)how to proceed to file gstr 3 b for january’ 2018. I agree with you. Q8. There is no concept of revision of return in GST. Considering sales returns as inward supply is not correct in my view at the cost absence of clarification or updation from Government. There is one separate column in GST return where in … Can You please Solve the issue. The only way to show sales is to correctly file the GSTR 1 return. Another problem is… Exempted Turnovers. and if advance refund of current months are greater than sales of current month, how to show negative sales in GSTR3B & GSTR1 respectively? c) It is needed to be filed even if it is a nil return. After matching Sale as per books & Sale as per Returns, I have found that my tax liability and have promptly paid it off. Very nice article. so how we will setoff our Credit side. In case of excess ITC claim in GSTR 3B as determined after the filing of corresponding GSTR 2,the excess amount claimed will be reversed from the ITC ledger OR added to the liability ledger. Broadly it is divided into below major heads: Outward supplies. The CBEC has to come up with clarification on this issue and also update the relevant return forms to accept these. Also what 2a is showing that much only we are allowed credit in annual return, i think you know this so there also another issue. Taxpayers can click on the ‘Check Balance’ button to view the cash and credit balance. So for now, GST = confusion. Taxable Value of Net Purchases was positive (i.e. 1st article of Rajat is nice start. postponing of Credit and Debit Notes just to avoid negative figures. Your data is not matching but still, you can file the return with mismatched data. The payment of difference amount of tax paid is lying there. While the issue raised by you is very similar to the one I faced with one of my clients in filing GSTR 3-B on the ITC part. In case of online dealer (on amazon & flipkart) all sales are Interstate & B2C hence need to fill table 3.2 in GSTR3B. We shall process the above sample data in the manner as per this table: i. After 3 months returned 4 items to Supplier due damage. Interest @ 24% will have to be paid for such excess amount wrongly claimed. My Total Purchase May’18 40,00,000 @ 18 %. GSTR-3B is online monthly return of purchases and supply made in a particular month and calculating GST amount ... then credit is available for excess tax paid on purchase, which will be adjusted in next month GST Payable. if you have excess purchase return then you can show it in 4B itc reversed (2) others. One of the practical issues among them is How to fill GSTR 3-B Form if the Sales return (Credit Notes issued) for any month is more than the actual Outward Supply for that month? Category. So, in this case how to fill data in GSTR 3B utility. Report the Sales in the GSTR3B after deducting sales return( Taxable value, tax amounts), For purchases need to report only Input tax amounts after deducting tax amounts relating to purchase returns. Also what if, the ITC claimed for that month is less than the ITC to be reversed (on account of Purchase Returns i.e Debit Notes issued being more than actual Purchases (eligible for ITC) for that month? But in one state (say GOA) sales return is more than sales which reduce aggregate net sales to be shown in table 3.1 (a). From the starting of GST, I used to do the same thing which is quite a simple and common understanding that add Pur ret in sales and sales return in ITC. If any ITC is being reversed, because of wrong availment or repeated, it can be shown under point 4 (B) (2), or many a times, it has been directly reduced from ITC to be availed. It is a new scheme called AS PURCHASE RETURNS ARE MORE THAN PURCHASES, WE CAN NOT GIVE NEGATIVE FIGURES/AMOUNTS IN GSTR 3B, 1)HOW TO REFLECT OUR EXCESS PURCHASE  RETURNS IN GSTR rn 3B OF JANUARY2018, 2)WHEATHER TO PARTLY DISCLOSE IN VARIOUS MONTHS BY SPLITTING THE PURCHASE RETURNS(AGAIN HERE IS APROBLEM – THERE IS ONLY ONETIME RETURN OF GOODS TO SUPPLIER IN SINGLE CONSIGNMENT), 3)HOW TO PROCEED TO FILE GSTR 3 B FOR JANUARY’ 2018, 4)REQUEST THE AUTHORITIES TO GIVE CLARITY / PROVIDE SOLUTION FOR THIS EXCESS RETURN GOODS THAN THE PURCHASES IN A GIVEN MONTH (JANUARY2018), 5)IF WE IGNORE THIS PURCHASE RETURN FOR JAN 2018 THERE WILL BE EXCESS ITC IN CREDIT LEDGER THAN WHAT TO BE THERE. Thank you Sir..! To get the compliances and returns all right and on time, we first need to understand the purpose of Filing that GST Return. Q7. Please Explain me. GSTR-3B is a self-assessment return filed by the dealer stating the details for Outward Supplies and Inward Supplies i.e. in this return. In your example, for FY 2017-18, show Turnover in Table 4 should be asper books but tax should be asper GSTR-3B i.e. Now pay amount of excess ITC through DRC-03 using Cash Ledger with interest thereon. 10/- in Table 11 of GSTR-9. However, there is some change in the final GSTIN No. in the beginning of the month of April. I am showing excess Purchase Return in ITC Reversed (2) Other. There is no solution. What if goods returned but amount not refunded? I agree with you Mr. Nikhil. per to up state and that item i received in sept month then where i show that value (sale return) in 3b because column 3.2 is not accepting negative figure. GSTR3B NEEDED TO BE CORRECTED TO ACCEPT FIGURES IN NEGATIVE AND SAME LIABILITY CAN BE OFFSET BY BALANCE IN ELECTRONIC CREDIT LEDGER. While GSTR 1 is the return for filing sales data. This facility will start from 1-1-2021. But it sometimes is not reasonable or correct. All Rights Reserved. In there any solution……. My Total Sales 39,00,000 @ 18 %. Whether I can show the excess figure in GSTR 3b? Clear Filter . 0 Votes 0 Ans Effect on ewaybill for”line sale”in case of stock lying unsold against delivery challan. But the ITC tax part was – IGST: -ve and CGST & SGST was +ve. While the Law and the Accounts only recognise and record the Debit & Credit Notes, i doubt if any type of certificate can help in this matter.  – ASSISTANT COMMISSIONER (CTO-GUNTAKAL) Purchase Return – resulting in increase in Output Liability (i.e. However what will happen if the credit note is towards wrong tax charging. Rs. How to cover the ITC in GSTR 9 when ITC was availed and adjusted in an allowed extended period? 10. We only shoe ITC in GSTR 3b and not the purchases. How to show purchase returns in GST filing? And this discount releted to invoice & date. (Any other ITC which has been reversed in the books by you.) Regards  – DY.COMMISSIONER How to File GSTR – 3B if Sales Return (Credit Note) exceed Outward Supply? REQUEST YOU TO SORT OUT THE ISSUE AND PROVIDE SOME SOLUTION. ITC can not be reversed in GSTR-9. April 1, 2021, 13 Suggestion to FM for Simplification of GST (Hindi & English), Remittance Abroad – Form No. How can adjustment it in gstr-3B form. Well i believe, by considering Sales returns as Inward supply in 3B will face reconciliation issues while filing GSTR-1. try it. Thus no need to show it anywhere. Any error made in GSTR-3B is to be rectified in the GSTR-3B of the month in which such error comes to your knowledge. Definitely Rakesh! Also, there would be no deferment i.e. Yes, but a red mark is indicated. So to get the things right and GSTR 3-B correctly filled and filed, we will have to use this concept of inward and outward supplies. So we need to be extra – cautious in filling the GSTR 3-B Form so that the required Output Liability and the available Input Tax Credit is correctly reflected in the Electronic Credit Ledger. Details taxpayer have to furnish in the form are: Sales and Purchase made by the taxpayer. Dear Rajat, If we have to reverse Trans Credit of CGST the reversal amount in “other reversal” row also gets auto populated in SGST forcing to reverse SGST although no SGST credit taken. It’s good that you have already paid any excess liability due but since 3B can not be revised or rectified once it is filed, the only way out is GSTR 1. Do not show reversal in any Table. GSTR 3B due date for Dec 2019 is on 20-Jan-2020. This brings us to the doorway for solving the above referred problem (in italics & underlined above). Also, liability is determined from GSTR 3B and not from GSTR 1. 1. You can reach out to me @ [email protected].  – GRIEVANCE REDRESSEL PORTAL FOR GST Very True that GST = Confusion since this is first year of its launch in India. Hello Sir, How to file GSTR 1 if Sales Return is more than Sales and Purchase Return is more than Purchase Whether we need to file Purchase Return in Debit note . Sale return shown as Purchase & Thereby claiming wrongly ITC on it – You cannot show this in GSTR 3b as “INWARD”. I am using tally ERP-9 software. What remedy can you suggest while filing GSTR 3-B?? Therefore total liability asper Table 4 and Tax Paid asper Table 9 will be 110/- right. Your email address will not be published. But what about the reconciliation that the department does with 2A? After all, the experts have to make a way to deal with such business scenarios even if no guideline from the Government is available. While we understand that Sales is an outward supply and Sales Return is an inward supply. GSTR 3-B is a summary form for making adjustments and payments of GST liability and Input Tax Credit for the month. Let it arrive there. 616 views SARAT PATI Asked question January 17, 2019 Supply DISCLOSURE OF EXCESS PURCHASE RETURN GOODS VALUES IN GSTR 3B. Many a times, purchase returns had been shown as reversal under rule 42 or 43 as point 4 (B) (1) in GSTR 3B. It felt very nice to read the above article, the subject which you took is a major problem nowadays. Taxable Value of Net Purchases was positive (i.e. 26/26/2017-GST. However, the attachment in above article is missing and my question to you is how to deal with the situation, suppose outward supplies(Taxable Value) is more than the credit note(Taxable value) but the tax amount in Credit Note (CGST & SGST) is more than the total tax amount (CGST & SGST) in outward Supplies.  – ALL WINGS OF GSTIN AT CENTRAL LEVEL THROUGH TWITTER Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. GSTR 3-B is a summary return for payment of output liability and claiming of ITC. In this Case… One Month Companies(with Exempted Turnovers) have only sales.. next month Only Sales Returns. Thus matching of Turnover would be with GSTR 1 instead of GSTR 3-B. Sales – Sales Return and ITC availed – ITC reversed. D.H.SHAH 7)AWAITING FOR YOUR VALUABLE SOLUTION / RESOLUTION Which means, if the changes have been done till GSTR 3B for the month of Sep 2018 then, the same will be reported under annual return for FY 2017-18 to be filed till 31st Dec 2018. to your outward supplies so that your output tax liability can be increased which will negate the excess ITC of goods returned. in gstr-3b of nov, i show igst of one bill as cgst & sgst. Now show excess tax of Rs. 9. Table 8C: Reversal in next year. But the ITC tax part was – IGST: -ve and CGST & SGST was +ve. He was filed GSTR-3B and mentioned inward supply of goods by mistake worth of … this credit note for incentive & scheme discount for customer. if i show my sales return in ITC claimed, then it will not match with 2A. Liable Tax. My problem is , I sell goods1000 Pcs @ 10/- plus 18% igst, Purchaser has returned the goods. so Please how to file GSTR-3B.  – GRIEVANCE FROM DEALER GST LOGIN My question is how to transfer the amount to GSTIN. Check the GST calendar. tax was wrongly charged @ 28% instead of 18%. How should I pass entries. Excess Input Tax Credit claimed in GSTR-3B for the F.Y.2017-18 and reversed in GSTR-3B of F.Y 2018-19. General Rule of Rectifying Mistake after filing of GSTR 1 and 3B is done. Step 16 – From the drop-down, choose option ‘Authorised Signatory’. In this scenario, if the buyer imports the data from the GSTN Table 6 of GSTR-9 Form will show the correct values. Any invoice/debit note/credit note which is missed/under-reported/over-reported can be reported in GSTR 1 / Form GSTR-3B of the following month or before filing of annual returns. The party sends trading material under provisional GSTIN No. You will also get a caution at the time of filing. I have filed GSTR-3B for March. year beginning). Consolidate figure in table 6 will include the reduction made till march 2018 return. In order to submit a comment to this post, please write this code along with your comment: a6df7d590461265052e7a8aca3dbc35b.  – A SEPERATE MESSAGE TO GSTIN TECHNICAL WING (CENTRAL GOVT), we have sincerely paid the taxes arising out of purchase returns, but could not create the liability in GSTR 3B and hence could not file our GSTR 3 B for the month of 01/2018 and automatically, we could not file the subsequent months GSTR 3B for the months of 02/2018 & 03/2018. 4 . 2. Avishekjee How can we claim refund of an amount which we cannot enter in 3B. NEED TO DO IT URGENT WITH PROVISION TO REVISE EARLIER GSTR3B TOO. ? Things will clarify as time passes and practical issues are raised by people like us to the department and other experts for clarifications and opinions. reduction in Output Liability), The above screenshot of Tally data of GSTR 3-B can be put as per the above format, as shown below (in the attachment). plz help me out. Please note that the word mentioned is the due date of filing GSTR-3B of September … What is a GSTR3B ReturnIt is a summary return which is to be filed every monthDue date is 20th of next monthFor July 2017, due date for GSTR 3B is2025 August 2017Normal Returns GSTR 1,2,3 are also to be filledHow to fill GSTR 3B ReturnGSTR 3B Return will be filled online at … reduction in Input Tax Credit availed earlier), i. I added the Purchase Returns (Value & Tax both) in the Outward Supplies Table and added the Sales Return (Tax) in the ITC column since Value for inward supplies is not asked in the GSTR 3-B table. 3.2. The credit note issued towards tax only but the tax credit note is more than that months tax liability. but the problem is that what turnover we have to mentioned in Tax audit report, Nice Article and really a practical Problem. These issues are most likely to occur in the month of March (i.e. And adjust the balance sales return in the subsequent month(s). What course of action is now available to the purchaser so that ITC can be available against new GSTIN No. - I am under regular scheme so filing GSTR 3B utility. In case of purchase return the supplier will issue a Credit Note which is equivalent to your debit note and the same needs to be added in table 3.1(a), i.e. Good that you have taken up this issue. what is the solution for that? i don’t think there is any way out. We have to show sales and purchases net of goods return in 3b. Entries are passed under sales account which is outward supply. Latest update- Quarterly GSTR 3b. 3a. He deducted the 10*3=30+3.6=33.6 as a credit note in next bill. GSTR 3B is a monthly return with due date on 20th of the following month. Do not show … Search. The rate of GST is @12% for the year 2017-18. Table 6A will show ITC as you have claimed through GSTR-3B including excess ITC. Dear expert, Please clarify me the following, How to show advance Refund in GSTR3B & GSTR1 respectively? … But till the time any step is taken by them, we can use this principle and file returns. I’ve asked above queries, in many GST meetings,but didnt received a convincing reply, i am expecting from you an expert opinion with detailed reply please? The taxpayers are required to furnish details of purchases, sales, input tax credit or refund claimed or demand created etc. The Auto-populate is a tool to help and fasten the work. Nirav Lakhani. DISCLOSURE OF EXCESS PURCHASE RETURN GOODS VALUES IN GSTR 3B 2 Questions. Hmare actual sale s jyada chali jaye then After selecting the financial year and tax period, GSTR 3B, (if applicable), in the given period will be displayed. Purchase value being higher than Purchase Returns Value) 2. year end) or April (i.e. 6)THERE WILL BE ENTRIES IN THE BOOKS OF ACCOUNTS AS PHYSICALLY GOODS ARE MOVED OUT FROM STOCKS DURING THE MONTH OF JANUARY’ 2018. he has return 950 Pcs and balance has been waste in testing. Also the accounting software or ERPs like Tally, Busy, etc show the GSTR 3-B report in the normal general format i.e. in which section i have to show this purchase return information so i will get my paid tax return from Government. If not possible then we should go for a refund. 110/-. You could also raise a ticket on the GST Portal to be sure that no extra penalties are levied on you while the assessment takes place. How do I show purchase returns and sales returns in GSTR 3B? What you said is right we asked this question and also raised query number of times but no response i think it will be adjusted in GSTR-3. In this, the GSTR-2A of the buyer will show less ITC in FY 2018-19 for which he has already reduced the Input Tax Credit in Financial Year 2017-18 in his GSTR-3B Return. Purchases – resulting in increase in ITC, ii. Your views and opinions are highly solicited. “A” Tax Payer purchased inward supply of goods worth Rs.1,00,000/- as per books. if we wont take as returns goods for january 2018 this will effect to itc to an extent of rs.143856/- How can you treat a sales return as an inward supply? Please inform remedy for correction of following inter-state purchase: Join our newsletter to stay updated on Taxation and Corporate Law. Hello Expert, Purchase value being higher than Purchase Returns Value) In case, agr 3b m jo sale, pur show ki h , agr vo CREDIT NOTE / DEBIT NOTE Ans: Form GSTR-9 is an annual return to be filed once for each financial year, by the registered taxpayers who were regular taxpayers, including SEZ units and SEZ developers. Sorry, you do not have permission to read comments. While this may seem out of the way, but the purpose of GSTR 3-B is correctly and aptly served while making no errors till the time CBEC or GST Department comes out with proper clarification or guidance note on the above issue. Means turnover as per GST returns filed should match with the income return tobe filed. In my case, ITC (purchase – purchase returns) showed a similar scenario as below: GSTR-1 and GSTR-3B cannot be revised once filed. CAN YOU SOLVE ABOVE ISSUE. If goods are returned but the amount is not refunded for some reason , then the tax liability will not be reduced. Sales – resulting in increase in Output Liability, ii. Tax Paid. But i think you have not seen annual return form or comparison sheet of GST portal which is showing mismatch due to this concept. We have successfully completed 3 quarters of GST compliance and return filing (July’17 – Mar’18) and we must have experienced some or the other practical problems while doing so. 4)request the authorities to give clarity / provide solution for this excess return goods than the purchases in a given month (january2018) 5)if we ignore this purchase return for jan 2018 there will be excess itc in credit ledger than what to be there. Once the return is submitted successfully, the ‘Payment of Tax’ tile will be enabled. i had a conversation with the hepldesk they said there will be an option in GSTR 3 to fill the amount of purchase returns but iam not sure about it , its better you rais a sale invoice insted of debit note. This shall result in overall correct treatment of GST Output Liability and Input Tax Credit availed. Nice article it is really felpful. During the month of 01/2018 our total purchases are as under, Taxable Rs.454488 CGST Rs.21366 SGST Rs.21366, Taxable Rs.799203 CGST Rs.71928 SGST Rs.71928, QUERY : PURCHASE RETURNS ARE MORE THAN THE PURCHASES, AND HENCE ACTUALLY THERE WILL BE TAX LIABILITY BUT While GSTR 3-B cannot be rectified. A. FAQs on Form GSTR-9 (GST annual return) Q.1 What is Form GSTR-9? In the post login mode, one can access it by going to Services > Returns > Returns Dashboard. Form 3B to be filed mandatorily by all normally registered taxpayers; Nil returns to be filed in case of no business. Liable Input Tax Credit. But i am talking of a case where sales return for the month exceed actual sales. Please refer to the Circular No. You do not have permission to ask a question. dear expert, i want to know that there is any type of certificate that can be used instead of issuing debit/credit note? That’s why they are called “Experts” and given the respect they deserve. GST : HOW TO AMEND/RECTIFY FILED GSTR 3B & GSTR 1, HOW TO EDIT/REVISE FILED GSTR 3B & GSTR 1 - YouTube. Also there is issue for Credit notes(unregistered) for sales return which are not showing me in Part 9B of GSTR-1 in Tally ERP-9 While the GST Department and CBEC has not yet come out with clarification to these problems since the GSTR 3-B Form does not accept figures in the negative. DISCLOSURE OF EXCESS PURCHASE RETURN GOODS VALUES IN GSTR 3B. Discussed this in 4th Point. In the explanation given it is difficult to match both. In that case, we show the outward supply as “NIL”. The attachment isn’t showing in this article but i can mail it to you, if needed. Some of the Features of Return Form GSTR 3B. (see attachment – Tally data GSTR 3-B view). Order By: Active. A very Good day to all the readers. GSTR 3B Due Date. GSTN portal offers a simple and fast procedure to file GSTR 3B return. pls tell me what entry to be passed. Thank you GST EXPERT. (M) +91 9513132779, DEAR SIR SAME PROBLEM NOW. We have taken the issue to all the govt authorities on 05.02.2018 and reminders were also sent, but we are very sorry to say that till this time, even after bringing this issue to the notice of higher authorities in all levels, – COMMISSIONER OF COMMERCIAL TAXES – A.P Herewith I giving with the example for your better understanding. Ans. Lesser ITC in table 4A(5) of base period and extended period. 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As you have claimed excess ITC there will be difference arriving in Table 6J equal to excess ITC. But such error cannot be rectified after the due date of filing return of September of next financial year. Thank you for you r feedback! Sales Return – resulting in increase in ITC (i.e. Earlier there was an RCM for purchases from URD but that is removed. 15CA & Form 15CB – Lucidly Explained 18 FAQs. And adjust GSTR 1 as applicable. In the latest offering, the taxpayers who are filing nil returns are free from extensive filing details and will be forwarded to simple return form with minimum details. In one of our case. and thus the issue was resolved. Step 15 – To view the draft GSTR-3B return click on ‘Preview Draft GSTR-3B’. In my case, ITC (purchase – purchase returns) showed a similar scenario as below: 1. February 22, 2018 at 3:34 pm If return is not filed then you can change in same return and if you have filed the return then you can make necessary adjustment in next month GSTR-3B. Sir If We consider Credit notes in ITC, Then our taxable Output with GSTR1 will not match with GSTR3B output. In GST, purchase returns shall be shown in GSTR 1 return. ? Similarly, Purchases are inward supply while Purchase Return is an outward supply. I have the same problem in GSTR-3B due to credit notes of sales return to unregistered persons and Composition dealers which is resulting in negative figures which are not possible to show as Minus figure. and if purchase ITC are made, under which column of GSTR3B & GSTR1, ITC should be reversed? will it be ok to move ahead. You have to reduce sales in GSTR 3B ..  – JOINT COMMISSIONER And, if the changes have … Hope i could help! hope this will work. You must show correct values of ITC in Table 6B of GSTR-9. Now GSTR 3b can be filed quarterly. Purchases and Expenses. My supplier Given credit note 3,00,000 @ 18 %. The credit needs to be reversed in GSTR 3B for the period in which the fact has come to knowledge of the assessee. This return is required to be filed on a monthly basis irrespective of the turnover. Excess of Sale Return over Sales your suggestion is only option if don’t want to postpone the transaction. The amount paid is showing in my Electronic Ledger. I used the concept and objective of filing GSTR 3-B for dealing with this issue. then i correct it in gstr-1.. now what to do for correcting gstr-3b. What about matching of turnover with the income tax return filed. IF WE WONT TAKE AS RETURNS GOODS FOR JANUARY 2018 THIS WILL EFFECT TO ITC TO AN EXTENT OF RS.143856/-. Copyright © TaxGuru. Lesser ITC was taken in coming months to adjust the excess. Ask question. Illustration-3. No separate column in GSTR-3b for goods return. When i creat debit note (Purchase return) in gst then increase in my sale taxable value in GSTR-3B. You can modify it by self.

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