Gst Sales of FY 2023-24

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A business owner discovered a discrepancy between their FY 2023-24 sales figures in GSTR-1 and their accounting books. They sought advice on whether to correct this in the October 2024 GSTR-1 filing or directly in the GSTR-9 annual return. The recommended approach is to report the correct sales figures in the October 2024 GSTR-1 filing through adjustments or additions, as GSTR-9 is primarily for reconciliation and should reflect accurate figures from GSTR-1.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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09 November 2024 Dear Sir,

I had filed GSTR-1 of last financial year and found that there was a difference in Sales shown in GSTR-1 for FY 2023-24 when compared to books of accounts of the same year.

Do I need to correct the sales amount while filing GSTR-1 of October 2024 or I can directly file GSTR 9 and show the correct sales amount without showing it in GSTR-1 of October 2024.

Please help me in this matter.

Thanks,
Divyesh Jain

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 November 2024 You can report the correct sales figure in GSTR-1 of October 2024, either by including the additional sales or by making the necessary adjustments. GSTR-9 is a reconciliation return, and adjustments should ideally be done in GSTR-1 to ensure proper reflection of the sales figures across both returns.

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DIVYESH JAIN

DIVYESH JAIN (Querist)
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09 November 2024 Ok Sir, Thanks a lot for your reply

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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09 November 2024 You are welcome.

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