GST

GST-Two times deduction for same CPIN, but cash ledger credited with single entry

GST-Two times deduction for same CPIN, but cash ledger was credited with single entry only. Ask bank for refund as cash ledger can’t be updated twice

Question: Amount was deducted two times for the same CPIN, but cash ledger was credited with single entry only. What should I do in such cases?

Answer: GST Portal will update cash ledger on the basis of first information of CIN received from the bank/RBI. For same CPIN, csah ledger can’t be updated more than once. Please get in touch with connected bank for refund of other deducted amount, which was not credited in cash ledger

Source: GST Council Tweet

 

Share

Recent Posts

  • RTI

Lokayukta Police not exempt from disclosure of information under RTI Act 2005 – SC

Lokayukta Police not an ‘intelligence and security’ organisation  and hence not exempt from disclosure of information under RTI Act 2005…

2 hours ago
  • Income Tax

Payment of imprest whether a transfer within the meaning of section 269ST

Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…

2 days ago
  • ICAI

CA Misconduct – Order quashed as judgment not passed by same members who heard arguments.

CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…

4 days ago
  • Insurance

Deceased homemaker can not be considered as dependant for award of compensation under MV Act – SC

Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite…

4 days ago
  • Income Tax

CIT notice u/s 263 quashed as AO rightly took DVO value of property as actual sale price

CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…

6 days ago
  • GST

Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities

Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities GSTN Advisory dated…

6 days ago