Question ID :
Negative Liability GST -Composition scheme - service providers
I am a Practicing CA under Composition scheme and a Negative liability has arisen due to error in non reporting of the Out put service value in the Annual return 2020.21.
The related credit not availed .
In order to set off the Negative liability ,I had voluntarily declared higher tax due than the actual tax due in CMP08 of third Quarter 2021.22 .The Actual tax was paid .
Annual return for 2021.22 was filed and there was an Error Message in GSTR 4 for 2021.22 ,directing me to declare appropriate Out put service value in consonance with the Tax due shown in CMP 08 third quarter.
The said error message occurs even after the GST Dept has adjusted all negative liabilities for all Assessees
Pl guide how to solve this issue ?
Jan 14 2023 12:00AM