https://www.taxtmi.com/article/detailed?id=8686 Taxpayers must reconcile books with filed returns in the GST annual return, using the annual return to declare missed outward supplies and pay tax with interest via FORM GST DRC-03 under the self correction provision, thereby avoiding penalty if done before notice. If books show lower turnover, excess tax paid may be claimed by applying for refund through FORM GST RFD-01A. The annual return itself does not permit claiming or reversing input tax credit. Specific table guidance addresses auto populated credits (Table 8A/8D), HSN and composition dealer reporting (Tables 16/18), classification of exempted/nil/non GST supplies (Tables 5D/5E/5F), timing of reverse charge declarations, accountant certification limits for GSTR 9C, and reconciliation of expense related input tax credit (Table 14). en-us Tue, 20 Aug 2019 06:05:58 +0530 Tue, 20 Aug 2019 06:05:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8686 Taxpayers must reconcile books with filed returns in the GST annual return, using the annual return to declare missed outward supplies and pay tax with interest via FORM GST DRC-03 under the self correction provision, thereby avoiding penalty if done before notice. If books show lower turnover, excess tax paid may be claimed by applying for refund through FORM GST RFD-01A. The annual return itself does not permit claiming or reversing input tax credit. Specific table guidance addresses auto populated credits (Table 8A/8D), HSN and composition dealer reporting (Tables 16/18), classification of exempted/nil/non GST supplies (Tables 5D/5E/5F), timing of reverse charge declarations, accountant certification limits for GSTR 9C, and reconciliation of expense related input tax credit (Table 14). Articles Goods and Services Tax - GST Tue, 20 Aug 2019 06:05:58 +0530 https://www.taxtmi.com/article/detailed?id=8686