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
If You are received Advance against Supply of Services then You must pay it "CASH PAYMENT".
No way for utilize from ITC.
CAclubindia
