Difference in 26AS and GST turnover
There is a vast difference in turnover when comparing GSTR Reports and Amazon’s TDS Report.
Has anyone faced such an issue in the past? What are the best steps you would recommend to tackle this?
20 replies
Seller_K34zfM1tmJkXw
Yes, facing same issue. This difference is when customer are refunded for an order TDS is not refunded back to seller instead is deposited as sales to government. Raised case but no help still.
Seller_YBahINpwwWXfZ
Hello, We are also facing the same issue, on refund sale they are not giving back us the TDS, instead they are depositing the same to Govt, in this case if you file your ITR either you have to file with Turnover as per 26AS or if you manually put the turnover as per GST then you will received a defaulter notice, as income tax wont allow you to put the turnover lower than 26AS, then they you refund TDS proportionate to GST Only, raised concern to amazon, but there tax team is saying that amazon deduct TDS on gross sale as per section 194-O,but which is totally wrong, and we cant do anything is this
Seller_IvwsHXilK1UyV
Same issue, My CA asked same question. I explained him that TDS deduct on the Gross Sale, refund in not under consideration. But GST is on the Net . He filed the taxes based on GST number and suggested to keep records safe to produce when any question is raised for the refund amount or the differences.
Amazon does not care as it is not their own money, it is going out from sellers pocket.
Seller_CJTN8PXDDJAb3
same issue faced by us no clarification is given by amazon yet.
Seller_EmclzrxgtcJWc
i am also facing the same issue , many time contact to seller support , but they not resolve my problems , and i loss huge amount after filling the ITR
Seller_iK0WSmDgzlsbZ
Continuing the discussion from Difference in 26AS and GST turnover:
SAME ISSUE ALL SELLER WE REQUEST TO YOU KINDDLY SEND LEGAL NOTICE TO AMAZON.
Seller_CYPUSGDluIKGg
Continuing the discussion from Difference in 26AS and GST turnover:
SAME ISSUE AND NOW WE HAVE GO FOR LEGAL NOTICEE TO AMAZON WE HAVE CREATE TICKET SO MANNY TIME BUT STILL SAME ISSUE
Seller_c3Sy3Crwdpv4m
Yes i received notice from ITD for the difference. Amazon must solve this problem.
Seller_lFg7VUzl8pJZA
Have faced this dilemma since TDS was introduced on online commerce. We use the Sales as per GST report only. TDS report generated by Amazon does not account for returns and refunds, specially those happening in the next month. Perhaps the ambiguity lies in the definition of TDS u/s 194O wherein the words “gross sale amount” are used with no adjustment for returns thereof. Hence, TDS report will always show higher figure than GST report. We tried to reconcile and keep record of the difference initially but with increasing entries we abandoned it.
Technically, tax department at Amazon has no recourse to do otherwise as they are bound by definitions under concerned section.
In ITR, sales should be equal to GST return.
Now, if demanded to clarify the difference, the figure lies as :
GROSS Sales = X
Less Returns = Y
Net Sales = X - Y
Which should be equal to Net Sales as per GSTR. Net Profit as such will remain same and hence no tax evasion.
