Goods sold but invoice not issued

Save Share

This query is : Resolved

Quick Summary

If you've sold goods without issuing an invoice and subsequently paid GST and penalties, you should issue a regular tax invoice to regularise your stock and sales records. This allows you to book the sales revenue and offset the GST liability with the amount already paid via DRC-03. The penalty should be recorded separately as an inadmissible expense for Income Tax purposes. This process ensures your GSTR-1 and GSTR-3B accurately reflect the transactions and payments made.

jaigurudev

jaigurudev (Querist)

13 September 2026 sir,
i have sold goods but invoice not issued because our accountant was absent gst officer visited and impose tax and penalty and same has been paid through drc-03 before scn.how to show this is books of account.should i issue invoice for the goods sold?please clear this puzzle

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

13 September 2026 Issue a regular tax invoice to regularize stock and sales in your books. Book the sales revenue, clear the Output GST liability using the tax paid via DRC-03, and record the penalty separately as an inadmissible expense under Income Tax.

jaigurudev

jaigurudev (Querist)

14 September 2026 sir, you have not clear my doubt about how to show in gstr-1 and gstr-3b if i show in gstr-1 gstr-3b will show liability which is already paid through drc-03 section 74A9 before scn
with thanks

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

21 October 2026 GSTR-1: Declare the regular tax invoice in the current period's GSTR-1 (Table 4/5) to regularize the sales record.

GSTR-3B: Let the liability flow into Table 3.1, and utilize your cash ledger balance / DRC-03 adjustment entry to offset the tax payable so no extra cash outflow occurs.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now