Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

Annual Return

Kunal Pansari (Accountant) (1037 Points)

08 May 2019

In FY 2017-2018, I had missed to declare some sale in GSTR-1. But I had declared them in GSTR-3B.

However, I had declared these sales in GSTR-1 of FY 2018-19

Now, my question is , shall I declare these sales in Annual Return of FY 2017-2018 or in FY 2018-2019?

Reply
Follow
Share

13 Replies

RAJA P M ("Do the Right Thing...!!!") (127417 Points)
Replied 08 May 2019

in FY 17-18

1 Like

anuj kumar khaitan (Article ) (101 Points)
Replied 08 May 2019

Annual Return is required to be prepared as per books of accounts and hence the sale will be shown in 17-18 only.

pritesh (CA Final student) (7101 Points)
Replied 08 May 2019

In fy 17-18 ..
the sale as per book need to be shown in annual return not as per return

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 09 May 2019

Yes you have to declare.

In table 13 (Differential Tax paid ) of GSTR 9 Sbow it as payable & paid

Nishikant (Jalna) (298 Points)
Replied 09 May 2019

If missed exempt purchase amount in gstr3b then where to rectify differences in GSTR9?

Dibyendu Mazumder (56 Points)
Replied 09 May 2019

If you missed sale in GSTR3B as well as GSTR1 then you must paid GST on the sale amount which is not declared & file GST DSC03, prepare annual return as per books of accounts & disclose additional liability.

anuj kumar khaitan (Article ) (101 Points)
Replied 09 May 2019

As per my understanding there is no table to report exempted purchase in GSTR-9

pritesh (CA Final student) (7101 Points)
Replied 09 May 2019

But pankaj sir the word used in table is supplies / Tax declared through amendment but there is no amendment has taken place for above question then how can we decalre in table 13.?

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 09 May 2019

Dear pritesh I If you do not declare in table 13 it will again compute tax liability for invreased increased sale . So the GTRR 9 also have limitations alike other returns for such transactions , there is no way out show such transaction .

pritesh (CA Final student) (7101 Points)
Replied 10 May 2019

So i need to declare in table 13 correct not in table 4?

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 10 May 2019

Sorry for above reply , as the qurist has stated that he has declare that bill in GSTR 3b , it means he has deposited the gst on same .he only missed to report in GSTR 1
.
So in this case no need to report in Table 14 (Differential tax paid) , becuase in table 9 of GStr 9 , the setoff is autopopulated from GSTR 3b , so it will never create any tax liability .

Hence just report your sale in table 4 (including that missed) ,it will never create any tax liability ( No need declare anything in table 14)