GST paid but not debited

[Ashish Diwedi]

We had made Short payment of GST for the period July 2017 to Sept 2017. At time of GST Audit, our Auditor pointed out the short payment and we made payment thorough GST PMT - 06 along with interest in May 2018. DRC 03 was not active at that time. We did not debit the same in GSTR 3B of May 2018 and the same was lying in Electronic credit Ledger till Oct 2018. We did not utilize the same for any other purpose. In Oct 2018, the department pointed out that we have to debit the same and pay interest till Oct 18 and not May 18. Is there any remedy for the same?

AI Summary

GST Payment Shortfall: Interest Demanded Until October 2018 Despite May 2018 Correction; Calls for Law Reform A forum discussion addresses an issue regarding Goods and Services Tax (GST) payment discrepancies. The original poster reported a short payment for the period July to September 2017, corrected in May 2018, but not debited in GSTR 3B, leaving it in the Electronic Credit Ledger until October 2018. The tax authorities demanded interest up to October 2018. Respondents agreed with the department's stance, emphasizing that tax is not considered paid until debited from the ledger. They noted the unfairness of the law but acknowledged its current application, urging industry advocacy for legislative clarity and reform.