Differences Between GSTR1 and GSTR3B Filings due to negative turnover in GSTR1
This query is : Resolved
AUDITORS EDAPPAL
(Querist)
20 March 2024
The GSTR1 was submitted with a negative turnover since the sales returns surpassed the sales turnover for the month. However, when it comes to filing the GSTR 3B, there isn't an option to report negative turnover. How can this challenge be addressed to prevent inconsistencies between GSTR1 and GSTR3B filings?
20 March 2024
since 3B does not take negative figure at best it can be filed with nil turnover and rest of the amount of sales return can be deducted from subsequent months 3B.
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