GST-03: 5(b) Negative & 6(b) Positive
This requires a prompt response.
I would like to ask regarding the GST-03.
The situation as shown below:-
5(B) = Rm-88.32
6B) = Rm92.51
What supposed action we need to implement?
Gladly appreciate the recommended resolution from you. Thank you.
I already did for adjustment entries as shown below:-
Dt. Input Tax Rm88.32 (AJP-ARBD)
Ct. Output Tax Rm88.32 (AJS-APBD)
However, the outcome hasn’t changed. The 5(b) amount still negative with same amount.
Kindly advise. thank you.
There is one final way to test and see the result :
DR. Output Tax – RM176.64 (AJS-APBD)
CR. Input Tax – RM176.64 (AJP-ARBD)
If this still cannot work then I would suggest you consult the Officer at the Customs near your place. They can help you to do adjustments / amendment online.