DEBIT BALANCE SUNDRY CREDITORS
SOME INVOICES ARE MISSED FOR PREVIOUS YEAR ACCOUNTING. NOW MY QUERY IS OUR SUNDRY CREDITORS BALANCE IS SHOWING DEBIT BALANCE I HAVE CARRY FORWARD THE BALANCE FOR CURRENT YEAR PAYMENTS ARE MADE FOR THOSE INVOICES. CAN I SHOW DEBIT BALANCE IN THE LEDGER. IS THERE IS ANY PROBLEM PLEASE NOTE THAT ALL THOSE INVOICES ARE EXEMPTED GOODS CAN WE TAKE TO ACCOUNT FOR THIS MONTH OF OCTOBER 2020.
CAN WE TAKE PREVIOUS YEAR INVOICES MEANS MAY 2019 TO NOV 2019 INVOICES TO DECLARE IN THE GST RETURNS PLEASE SUGGEST ME,
BUT THE TURNOVER OF THE ENTIRE YEAR NOT EXCEEDING 2 CRORES STILL WE CAN FILE ANNUAL RETURN OR IF NOT FILED WHAT IS THE PROBLEM
PLEASE SUGGEST ME SIR,
it is compulsory to file annual return because threshold limit not exceeded but still we should file annual return is there any problem
thank you and regards
but I left unfiled from 2017- 18, and 2018-19 because the limit does not exceeded so I am asking about
that unfiled annual returns deemed to be filed in future any notice will serve.
please guide me and the solutions
YOUR REPLIES AND PATIENCE VERY MUCH ACKOWLEDGED