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GSTR3B Return

ak singh (49 Points)

16 April 2019

if i submit return of 2017 at present, do i need to pay penalty?

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4 Replies

sunil gupta (29 Points)
Replied 16 April 2019

if there is any tax liability for the said period then you have to pay interest @ 18% p.a along with your tax payment.

Ashok Kumar S Kamath (Accounts Manager) (102 Points)
Replied 16 April 2019

I wanted to clarify one doubt.

We are the service providers doing Manpower Recruitment Agency with SAC dode 998511. We had raised one invoice to our one of the unregistered client ( local supply) on Sep 2018. He paid 35% of the amount of the bill as part payment on Oct-19. Now he is saying that he will not pay the balance amount of the bill. Sir in this situation for finalizing our accounts shall we raise a credit note on 31.03.19 to him and take back the proportionate amount of GST paid by us and adjust in our Mar-19 – GSTR 3B ( by paying less) and show that credit note in our GSTR 1 of last quarter ( Jan to Mar-19). Pls clarify.