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Difference in GSTR 1 and GSTR 3B data


CA.Navin Chandra Thakur (Chartered Accountant)     02 June 2020

CA.Navin Chandra Thakur
Chartered Accountant 
 26 points

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pls let me know the consequences and remedy in following case.

Liability declared in monthly GSTR 3B correctly but liability declared in GSTR 1 quarterly while the firm was required to file GSTR 1 monthly. Taxes have been paid correctly.

Account Bird   02 June 2020

Account Bird

 6 likes  125 points

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Kis bat k CA ho ap Navin Chandra, itna bhi nhi pta apko.

hemant kaushik   02 June 2020

hemant kaushik

 3 likes  40 points

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1st thing is that the liabilities shown in quarterly filed R1 shall be equal or less than that shown in 3B. As the department is mostly concerned with the payment of tax so if tax has-been paid correctly there is no worry. moreover, R1 is a return so that your buyer can avail the benefit of ITC , the dept is concerned mostly with 3B and in case you receive any communication from the dept, you can explain the same to them and can mentioned that this was done inadvertently and I hope they will not take any action

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Account Bird   02 June 2020

Account Bird

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Pta ni kese ye log CA ban jate h. 🤬

avater

ankush soni (student)     02 June 2020

ankush soni
student 
 4 likes  99 points

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Gstr1 is the statement only for providing the turnover figure. it doesn't calculate assessee's liability at all. the only assurance which is to be made is regarding the data of taxes on output as well as the turnover.
I mean it should be same in gstr3b and gstr1.
further filing of gstr1 quarterly instead of monthly doesn't require any formalities as it doesn't calculates any taxes or late fees.
so no issues should be there.

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CA.Navin Chandra Thakur (Chartered Accountant)     02 June 2020

CA.Navin Chandra Thakur
Chartered Accountant 
 26 points

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The management of this site should reprimand him.
A genuinely educated person possesses many qualities of politeness. He lacks it completely. Either he is less educated or is not a CA.
I give him a challenge to discuss on any subject, any matter whatsoever.

avater

Raj C Doshi (Practising CA)     02 June 2020

Raj C Doshi
Practising CA 
 290 likes  4116 points

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I agree with hemant Kaushik sir.... also you can file nil gstr 1 for jan and feb when you have declared all the invoices of Q4 in march...


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