Advance received for services in FY 18-19 and GST paid in 3B and shown in GSTR-1
Invoice was also raised in FY 18-19 and gst discharged and shown in GSTR-1 and 3B
Issue:
GST was paid twice without adjustment of advance
Whether we can adjust the excess gst in FY 19-20 or should we claim refund of the excess gst paid
Debate on Double GST Payment: Adjust in FY 19-20 or Seek Refund? Experts Suggest Refund. A discussion on a forum addresses a query about Goods and Services Tax (GST) paid twice on an advance received for services in FY 18-19. The issue is whether the excess GST can be adjusted in FY 19-20 or if a refund should be claimed. Four contributors suggest claiming a refund. One participant references legal provisions and a circular, indicating that the excess could have been adjusted by the due date for September 2019 returns. If not adjusted, they recommend disclosing the issue in the annual returns for FY 18-19 and applying for a refund. (AI Summary)
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