GST reporting format for recovered wrongly settled amounts requires taxpayer-wise disclosure and bifurcation of IGST recovery components. GST STL-5.04 prescribes a reporting format for registered taxpayers where wrongly settled amounts have been recovered. The form records the State or Union ... Summary
GST reporting format for recovered wrongly settled amounts requires taxpayer-wise disclosure and bifurcation of IGST recovery components.
GST STL-5.04 prescribes a reporting format for registered taxpayers where wrongly settled amounts have been recovered. The form records the State or Union Territory, reporting year and month, and taxpayer details such as GSTIN/UIN, trade name or legal name, ARN, and tax period of ARN. It also requires disclosure of the recovery of already settled amounts, split into the SGST/UTGST portion of IGST and the CGST portion of IGST, with a total at the end.
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