{"id":7812,"date":"2022-07-09T08:43:21","date_gmt":"2022-07-09T07:43:21","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=7812"},"modified":"2022-07-09T08:43:36","modified_gmt":"2022-07-09T07:43:36","slug":"removal-of-negative-balance-in-cash-ledgers-of-some-composition-taxpayers","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/removal-of-negative-balance-in-cash-ledgers-of-some-composition-taxpayers\/","title":{"rendered":"Removal of negative balance in cash ledgers of some composition taxpayers"},"content":{"rendered":"<p>the Goods and Services Tax Network (GSTN) has removed  negative liability\/balance from the cash ledger<strong> <\/strong><strong>for Composition Taxpayers<\/strong><strong>.<\/strong> The concerned taxpayers can now verify and  file the Annual Return in GSTR 4 for FY 2021-22 by 28th July 2022.<\/p>\n<p>  Earlier, in April this year, GSTIN requested the taxpayer to  deposit the amount equal to the negative balance in the&nbsp;cash  ledger&nbsp;urgently, in case there is a negative balance.<\/p>\n<p>  GSTN has  informed that &#8220;Due to the reversal of amount in the cash ledger of some  composition taxpayers, the balance in the cash ledgers had become negative. The  government has now decided that the negative balance in the cash ledgers of  such taxpayers should be nullified. Accordingly, the negative balance has been  nullified. All such taxpayers have been informed through email also.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\/07\/removalof.jpg<\/p>\n","protected":false},"author":1,"featured_media":7814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7812"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=7812"}],"version-history":[{"count":1,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7812\/revisions"}],"predecessor-version":[{"id":7815,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/7812\/revisions\/7815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/7814"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=7812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=7812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=7812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}