Short payment of GST discharged through next year's GSTR3B

[Sudhir Kumar]

If a taxpayer has short paid GST liability in 3B for 2018 19 in comparison to the liability declared in GSTR-1 can discharge such short payment through excess payment of liability in 3B in comparison to the liability declared in GSTR-1 for 2019 20

AI Summary

Guidance on Addressing Short-Paid GST Liability: Use DRC-03 or GSTR-9; Consider Section 39(9) of CGST Act. A taxpayer inquired about addressing short-paid GST liability in GSTR-3B for 2018-19 by offsetting it with excess payments in 2019-20. Shilpi Jain suggested using DRC-03 for clarity or disclosing adjustments in GSTR-9. Kasturi Sethi agreed, emphasizing DRC-03 for safety. Amit Agrawal recommended consulting Section 39(9) of the CGST Act and a relevant circular. Keshew Aggarwal shared a client scenario involving a short payment in August 2017, later corrected, but facing interest demands from the GST department, seeking guidance on reducing this liability despite having sufficient balance in the Electronic Credit Ledger.