In the month of Feb2018 I had filed the 3b by paying tax liability but at the time of filing gstr1 for the same I had filed nil return is there any wa to solve this
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GSTR1
Replies (14)
Include feb invoices also in GSTR-1 of March 18.
Follow CA padmasri mam advice.
March return already filled
and one more thing if I add those invoices in the month of march then the march month Gstr3b and Gstr1 will not match is it ok
and one more thing if I add those invoices in the month of march then the march month Gstr3b and Gstr1 will not match is it ok
You can include in GSTR-1 of April.
There can be difference between your GSTR-3B and GSTR-1. The reason for differences has to be recorded in your reconcilaition statements.
Yes good suggestion mam..
OK thank you
Yes... You can follow as per Ms CA Padmasri Manyam's view... Bcoz, No more any other way for showing the missed "OUTWARD SUPPLIES"...
But,
Logically or as per law (VAT, Central Excise & Service Tax) outwards supplies related activities is must showing in every month. No more time limit as per Inward supply...
May be any penalize at the time of GST Audit and AO's view... But, No more clarity about this matter... 👎
But,
Logically or as per law (VAT, Central Excise & Service Tax) outwards supplies related activities is must showing in every month. No more time limit as per Inward supply...
May be any penalize at the time of GST Audit and AO's view... But, No more clarity about this matter... 👎
Thank You for the reply Mr RAJA P M Sir.,
How to show the Outward supply details if we missed...?
I know no more time limit for Outward supplies...
In this way any penalties imposed by AO....? If Yes...
How is this penalty is levied...?
Please explain if You have any details about this way...
Bcoz.,
Many of the Taxpayers (Including Me 
) missing some outward invoices in their GSTR 3B and Alos in GSTR 1 returns...!
Please give Suggestions based any of the rules for Outward supply...
We have time limit for Outward supply in GST. Also under VAT, Excise and Service Tax...
But.,
What about Outward Supplies....???!!!
As per my knowledge, as per the present model of GST return filing, tax can be paid only through GSTR-3B (regular tax payers). In addition to the above, the outward supply details has to be disclosed in GSTR-1 (no tax is paid through this Form). Any missed out details were supposed to be rectified through GSTR-2, GSTR-3. Currently, that system is deferred.
Therefore, they cannot be levy of penalty for missed out outward supply. However, tax payers shall be most careful while filing the returns.
If the mistake is done without intention there can be excuse but if that becomes practice no one can excuse.
If you have missed out Invoices, then you can add them in the current month, but you may have to add manually online. And tax will have to be paid with interest. Penalty may be or may not be levied by officer. You can always apply for condonation of delay. Rest all depends on the officer.
| Originally posted by : S ELAVARASI | ||
 |
Thank You for the reply Mr RAJA P M Sir., How to show the Outward supply details if we missed...? I know no more time limit for Outward supplies... In this way any penalties imposed by AO....? If Yes... How is this penalty is levied...? Please explain if You have any details about this way... Bcoz., Many of the Taxpayers (Including Me ) missing some outward invoices in their GSTR 3B and Alos in GSTR 1 returns...! |
 |
Yeahh... Very Nice Question Mrs. Elavarasi.,
In Current Tax Regime no more clarity about the missing of Outward supplies in GST returns. But., In CE penalty is imposed as per sec 11AC...
(As per my view some of the Facts in GST based on CE and Service Tax and Also in VAT laws)
Also we can follow our transactions as per sec 37 of CGST Act with Sec 73, 122, 123 & 126 and Any others...
Note: It's only based on my view and Understandings. Also it's my personal view no more exact details
👌👌👌Good explanation and clarification of query. Thanks to Raja Sir and CA Padmasri mam for your valuable feed back.
| Originally posted by : RAJA P M | ||
|
Originally posted by : S ELAVARASI Thank You for the reply Mr RAJA P M Sir., How to show the Outward supply details if we missed...? I know no more time limit for Outward supplies... In this way any penalties imposed by AO....? If Yes... How is this penalty is levied...? Please explain if You have any details about this way... Bcoz., Many of the Taxpayers (Including Me ) missing some outward invoices in their GSTR 3B and Alos in GSTR 1 returns...! Yeahh... Very Nice Question Mrs. Elavarasi., In Current Tax Regime no more clarity about the missing of Outward supplies in GST returns. But., In CE penalty is imposed as per sec 11AC... (As per my view some of the Facts in GST based on CE and Service Tax and Also in VAT laws) Also we can follow our transactions as per sec 37 of CGST Act with Sec 73, 122, 123 & 126 and Any others... Note: It's only based on my view and Understandings. Also it's my personal view no more exact details |
|
Thank You for the reply Sir...
In case penalty will be levied for the missing invoices @ What rate?
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