Turnover omission

This query is : Resolved

(Querist)
Follow

02 January 2022 Dear Experts
At the time of filing income tax return it was observed that 2 lakhs sales was not included in GST returns for FY 2020-21. But the same has been included as Nov 2021 turnover by Mistake and the GST was also paid

How to rectify the GST figured for both the years?By GSTR 9? Should we pay any additional amount again?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

02 January 2022 In December return through amendment remove November mistake inclusion.
Include it in GSTR 9 of 2020-21 and pay GST through DRC 03.

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

02 January 2022 Since GST has already been paid prepare proper reconciliations. Disclose in GSTR-9. Pay appropriate interest on it.

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rishi Jain

SHUBHANGI GOEL

CA Narender Yarragorla

P.S.Satya narayana

CA Reshma prabhu

Subscribe Now

Turnover omission

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Accountant

CA Final

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT