GST Amendment for FY-2022-2023

Hi Dinu,

Regarding your query on amending B2C turnover of October 2023 in GSTR-1 to include omitted turnover from FY 2022-23, here’s the clarification:

Key points:

1. GSTR-1 Amendment Period

   • Amendments in GSTR-1 for a particular month can only be made during the return filing window for that month or quarterly period.

   • Once the due date of the return period expires, you cannot directly amend or add invoices to past months beyond the specified period.

2. Omitted Turnover from Previous FY (2022-23)

   • If some B2C turnover for FY 2022-23 was omitted, you cannot add it in GSTR-1 of Nov 2023 or any return for FY 2023-24.

   • Amendments must be done within the original FY return filing timeline (usually up to September of the next FY for annual return).

3. How to Include Omitted Turnover Now?

   • For omitted turnover of FY 2022-23 that is discovered after the due date, you must disclose it in the GSTR-9 annual return of FY 2022-23 under omitted supplies.

   • Also, pay the applicable tax with interest and late fees if any.

   • Alternatively, you can disclose it in the next return period under 'advances received' or 'out of turn' supplies, but this is generally not advised and may attract scrutiny.

4. Summary:

   • No, you should not amend B2C turnover of Oct 2023 in GSTR-1 to include omitted turnover from FY 2022-23.

   • Instead, disclose the omission in GSTR-9 for FY 2022-23, pay dues, and maintain proper records.