Table 9 of Annual Return

[Ashiesh Prremji]

Dear Sir,

Please suggest amount to be shown under Tax Payable in Table 9 of Annual Return for FY19-20 -

If Credit Notes pertaining to FY 18-19 has been adjusted in FY 19-20 '3B' & accordingly shown in Table 11 of GSTR-9 of FY 18-19. Whether 'Tax Payable' in Table 9 of FY 19-20 should align with Table 4N of GSTR-9 or to be shown adjusted with GST amount of above credit notes or if any GST paid on advance shown in Table 4F of GSTR-9?

Thanks,

[Punit Agarwal]

Tax Payable under Table No 9 of GSTR 9 of FY 19-20 should be as per Table No 4N. But the tax paid will be less due to adjustment of Figures from FY 2018-19.

Tax Payable will be say 100 as per Table 4N but tax paid will be say 98 since credit note of 2018-19 adjusted in 2019-20

AI Summary

Tax Payable in annual GSTR 9 must follow Table 4N; prior year credit note adjustments reduce tax paid. Tax Payable for FY 2019-20 in Table 9 of the annual GSTR 9 must follow Table 4N. Prior year credit notes adjusted in the later year's 3B returns (and disclosed in the prior year's Table 11) reduce the tax actually paid in the later year, but do not change the Tax Payable figure as reported in Table 4N.