We are a Private Limited Company and in Apr-2018, we are having the ITC Balance. We have missed a Advance Receipt entry in GSTR-3B. Now we are going to file the GSTR-1 for Apr-2018. Shall we declare the same now in GSTR-1? If yes, is there any interest applicable for the same?
Otherwise we have to declare the same in May-2018?
Pls note that we having the ITC more than the liability. Pls clarify
Menu
Advance Receipt
Replies (3)
If You are received Advance against Supply of Services then You must pay it "CASH PAYMENT".
No way for utilize from ITC.
No way for utilize from ITC.
Yes agree with Raja sir.
Yes , Mr Raja PM is correct if it is against services,... As there is no GST on advance for Goods
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
