Omission of sales in GST returns of FY 2019-2020

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1 Points Posted on 03 July 2020
The goods have been sold of invoice value totalling to Rs .1,85,000 for different months of FY 2019-2020. But while the monthly returns the sales sold to that particular customer has been missed , but the customer has claimed the input. How can it be rectified sir ?
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On 03 July 2020 at 18:26 Report
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This discussion addresses how to rectify the omission of sales totalling £1,85,000 in GST returns for FY 2019-2020. The advice provided outlines steps based on whether the omission occurred in GSTR-1, GSTR-3B, or both. Solutions involve disclosing the missed sales in the current financial year's returns (2020-2021) and paying applicable interest, with specific guidance on customer input tax credit (ITC) reversal.

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"Do the Right Thing...!!!"
128157 Points Posted on 03 July 2020
Ohh...

What about the missed invoices...?!
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On 03 July 2020 at 19:12
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accountant
141 Points Posted on 03 July 2020
Have you missed in gstr 1 or gstr 3b
case 1 ---if you missed in gstr 1 than now show in gstr1 this current fy i.e 2020-21
and itc taken by your customer, ... he will have to reverse itc with interest, if it is more than 110% of his gstr 2A of related tax period

case -2 if you missed in gstr 3b , than you can show in current fy i.e 2020-21 gstr 3b as outward supply and also pay interest for the gap months

case 3 if totaly forgot to show in both returns than complete the steps of case 1 and case 2 simultaneously
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On 03 July 2020 at 22:51
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"Do the Right Thing...!!!"
128157 Points Posted on 04 July 2020
Originally posted by : sunil
Have you missed in gstr 1 or gstr 3bcase 1 ---if you missed in gstr 1 than now show in gstr1 this current fy i.e 2020-21 and itc taken by your customer, ... he will have to reverse itc with interest, if it is more than 110% of his gstr 2A of related tax periodcase -2 if you missed in gstr 3b , than you can show in current fy i.e 2020-21 gstr 3b as outward supply and also pay interest for the gap monthscase 3 if totaly forgot to show in both returns than complete the steps of case 1 and case 2 simultaneously

 

Mr Sunil.,

Better to get clarification from querist then will reply with correct solutions. Please dont be give multiple solution without clarity from query...

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On 04 July 2020 at 13:18
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Designation
771 Points Posted on 05 July 2020
Disclose in gstr-1 and GSTR-3B of coming months
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On 05 July 2020 at 11:03
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4215 Points Posted on 05 July 2020
You may file the particular Bill in subsequent month
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On 05 July 2020 at 12:59

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