Question ID :
40709
While filing refund with regards to excess balance in electronic cash ledger due to TDS accumulation
As one of State Tax officer has raised SCN regarding GST refund with regards to excess balance in electronic cash ledger due to TDS deducted by government department based on that they are saying that as your Claimed ITC as per GSTR-3B and ITC as per GSTR-2A (Auto Populated is differ so that please reconcile the same otherwise difference between ITC claimed minus auto populated is deducted from your refund so my quarry is this is it relevant particularly in case of Refund due to TDS on cash ledger. As per my opinion in case of refund in respect of excess balance in electronic cash ledger due to TDS then ITC is not relevant as assessment authority and refund authority both are different so contation of officer is right
Posted by
CA. KAKADIYA BHARATKUMAR POPAT
on
Jul 04, 2020
Filed Under
GST
Answer ID :
80601
While passing the refund Order, he will raise another notice and demand to the effect of ITC mismatch. Then he will adjust the balance. Through this he will try to reduce the refund amount.
Try to reconcile the balance to the nearest rupee as closest as possible to outrun any litigation chances.
Posted by
SACHIN AGARWAL on
Jul 05, 2020