Hi everyone,
I have a question regarding a missed GST payment. Sharing summary information below
- While filing GSTR-3B in Feb 2020, I missed paying GST on an invoice
- I only have professional fee income, so only Outward Supply section is applicable
- I file quarterly GSTR-1. I declared the missed invoice while filing Jan-20 to Mar-20 GSTR-1
- Online solutions to this mention that one can pay missed GST in subsequent month's GSTR-3B, so that annual aggregate for GSTR-3B and GSTR-1 reconcile
- Since I have already filed all GSTR-3B and GSTR-1 for FY 2019-20, how should I pay now?
- One option is to wait until annual return (is this Form DRC-03?) - however, interest will keep accumulating until then right?
- Can I pay missed GST using a challan right now, and mention that while filing annual return?
Appreciate your help!
Thanks!