Excess GST paid in Mar-18 GSTR-3B

[JIGAR SHAH]

Sales as per GSTR-3B IGST 18%	15,00,000 2,70,000	Paid by set-off IGST Input credit Balance of Import Duty
Sales as per GSTR-1, Books & GSTR-9 IGST 18%	1000000 180000
Excess tax-paid by GSTR-3B of Mar-18	90000

Issue :-

How Excess IGST payment in GSTR-3B can be claimed?

Option - 1 :-

Can we reclaim as IGST Input credit in GSTR-3B of August-19?

Option - 2 :-

Can we adjust against IGST liability of output sales of August-19 in GSTR-3B?

Option - 3 :-

If the above two option is not valid, last option refund claim after filing of GSTR-9 & GSTR-9C.

AI Summary

Taxpayer Seeks Refund for Overpaid IGST; Experts Recommend Section 54(8)(e) of CGST Act for Safe Recovery A taxpayer overpaid IGST in their March 2018 GSTR-3B filing and is exploring options to reclaim the excess payment. The options considered include reclaiming it as IGST input credit in the August 2019 GSTR-3B, adjusting it against the IGST liability for August 2019, or applying for a refund after filing GSTR-9 and GSTR-9C. Contributors in the forum recommend applying for a refund under Section 54(8)(e) of the CGST Act, as it is deemed safe and straightforward. One participant notes that rectification of the return is not possible after certain deadlines, emphasizing the refund option.