Old Bill's gst

This discussion clarifies how to file GST returns incorporating past sales figures, specifically addressing a scenario of 1 crore in sales from April to January and 50 lakhs in February. It confirms that you can include the total 1.5 crore in your February return, provided you have the necessary invoices and can provide a reason for the delay in claiming ITC. Customers, particularly B2B, can claim ITC on the total amount if GST is charged. There's a deadline of September of the following year to claim input tax credit for the previous financial year, though late payment interest may apply.