Omission of sales in GST returns of FY 2019-2020

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PRATIKSHA JAIN

20 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 ?

Replies (5)

Quick Summary

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.

RAJA P M

"Do the Right Thing...!!!"

20 Points Posted on 03 July 2020

Ohh...

What about the missed invoices...?!

sunil

accountant

20 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

RAJA P M

"Do the Right Thing...!!!"

20 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