https://www.taxtmi.com/forum/issue?id=118589 A taxpayer has a negative IGST liability in GSTR-1 due to credit notes. Credit notes must be disclosed in GSTR-1, but the GST portal does not permit negative figures in GSTR-3B liability fields; taxpayers therefore often declare IGST liability as nil until positive IGST arises. Options discussed include holding the negative balance in books until adjusted, applying for a refund if no future IGST liability is expected, or attempting manual adjustments in GSTR-3B to offset CGST/SGST with a jurisdictional letter, reflecting mixed procedural practice. en-us Sat, 17 Jun 2023 18:44:16 +0530 Thu, 23 Jan 2025 15:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118589 A taxpayer has a negative IGST liability in GSTR-1 due to credit notes. Credit notes must be disclosed in GSTR-1, but the GST portal does not permit negative figures in GSTR-3B liability fields; taxpayers therefore often declare IGST liability as nil until positive IGST arises. Options discussed include holding the negative balance in books until adjusted, applying for a refund if no future IGST liability is expected, or attempting manual adjustments in GSTR-3B to offset CGST/SGST with a jurisdictional letter, reflecting mixed procedural practice. Discussion-Forum GST Sat, 17 Jun 2023 18:44:16 +0530 https://www.taxtmi.com/forum/issue?id=118589