Pradeep Jain - Chartered Accountant

Dear Sir,I have downloaded the auto populated Forms from The GST Portal for GSTR9, GSTR3B and GSTR1.Upon checking, the Taxable values show different figures in all the three forms. How should I enter the correct Taxable Value according to the books of accounts?Secondly in the year 2018-19 excess Input Tax Credit was claimed which was not reversed, can the difference amount be revised in GSTR 9.Also, during the same period The Input IGST was wrongly claimed under CGST and SGST, is there any solution to this issue Kindly assist us on these queries.

Ans. First of all, you should file a grievance on online portal regarding the issue faced. While filing GSTR 9, the figures as per books of accounts should be considered rather than already filled in GSTR 3B and GSTR 1. The portal will pop a message if the difference between the auto populated figures and actual figures vary by more than 20%. This should not be a matter to worry. You should proceed filing GSTR 9 with the correct figures. The excess credit availed can only be reversed with DRC 03 along with interest. No payment or reversal can be done through Annual return The wrong credit availed under CGST and SGST should be reversed along with interest by DRC 03 and IGST credit stands lapsed because due date of availing credit was last date of filing of September 2019 GSTR 3B return.

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