Gstr 9 Table 4 Information

Written by KnowYourGST Team under GST

Many assesses have confusion regarding Table 4 of GSTR 9 to have details from GSTR 3B or GSTR 1. As per the Press Release issued by department it was made clear that even though the auto populated figures of table 4 is tracked from GSTR 1 data but the final figures to be mentioned in the said table has direct linking with actual payment of tax and declaration of same in GsTR 3B and hence GSTR 1 auto populated figures are editable and only for facilitation purpose . Relevant extract of the press release is mentioned below: 

"It may be noted that irrespective of when the supply was declared in FORM GSTR-1, the principle of declaring a supply in Pt. II or Pt. V is essentially driven by when was  tax paid through FORM GSTR-3B in respect of such supplies. If the tax on such 
supply was paid through FORM GSTR-3B between July 2017 to March 2018 then  such supply shall be declared in Pt. II and if the tax was paid through FORM GSTR- 3B between April 2018 to March 2019 then such supply shall be declared in Pt. V of 
FORM GSTR-9.

Many taxpayers have reported a mismatch between auto-populated data and the actual entry in their books of accounts or returns. One common challenge reported by   taxpayer is in Table 4 of FORM GSTR-9 where details may have been missed in  FORM GSTR-1 but tax was already paid in FORM GSTR-3B and therefore taxpayers see a mismatch between auto-populated data and data in FORM GSTR-3B.

It may be noted that auto-population is a functionality provided to taxpayers for  facilitation purposes, taxpayers shall report the data as per their books of account or returns filed during the financial year."

Further the output tax which was not declared and paid, neither in current financial year nor till September month of next financial year, than the same shall also be reported in Table 4 of GsTR 9 and tax on same shall be paid via DRC 03. This claim is also supported by the clarification in the same.press release and relevant extract is mentioned below..

 "Any additional Outward supply which was not declared by the registered person in  FORM GSTR-1 and FORM GSTR-3B shall be declared in Pt.II of the FORM  GSTR-9. Such additional liability shall be computed in Pt.IV and the gap between the  “tax payable” and “Paid through cash” column of FORM GSTR-9 shall be paid   through. DRC-03".

Author
Posted by Mayur Arora under GST

Practising Chartered AccountantContact

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