IGST OR CGST/SGST

[Bibhu Tripathy]

Dear experts

kindly clarify
there is differential value arising during the reconciliation between Profit and loss account income and GSTR 3B. The GST demand will be IGST or CGST/SGST

AI Summary

Discrepancy in Profit & Loss Account vs. GSTR-3B: Should GST Demand be IGST or CGST/SGST? A query was raised regarding a discrepancy between the Profit and Loss account income and GSTR-3B, questioning whether the GST demand should be classified as IGST or CGST/SGST. An expert suggested examining entries in the books that were not considered in GSTR-3B, which would indicate the appropriate GST classification. Another participant noted there were no entries in the books. Further clarification was requested to justify the mismatch and understand the absence of entries. It was advised to ensure the taxable value in GSTR-3B aligns with the revenue in the Profit and Loss account to resolve discrepancies.