Need an advise what to do in following situation
Have following 2 issues -
1) Invoice missed in March Gstr 3b but entered in Gstr 1 of March month
2) invoice missed in March Gstr 3b and also in Gstr 1
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Gst Return filing issue
Replies (4)
1) means you have paid less tax...so enter the invoice in next period 3b
2) show in next period return
2) show in next period return
1) have enough amount of input credit available, then also need to show in next month return as financial year has changed, as late fee will not be applicable
You have to show all your output liability in 3B also,otherwise GSTR 1 and 3b will remain unreconciled.
Late fees is not charged on skipped invoices...
Late fees is not charged on skipped invoices...
In case of first scenario: You can show add the value now in GSTR-3B. Pay liability of that invoice along with interest
In case of second scenario: Show invoice in both GSTR1 and GSTR3B. While paying liability in GSTR3B pay interest as well on that invoice
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