ICICI

Sales of Previous month Did not considered in GSTR 3B


Manjunath K   20 October 2019

Manjunath K

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Hi Veryone,

We have made a sale in Dec around 12 Lac.. The same was not considered in GSTR 3B but considered in GSTR 1 Return.

Now my doubt is what about the liability how can we set off.

Do we need to pay th GST for the with interest.

Since we have input credit carry forward every month.

Kindly give me solution.

A B Kundu (Professional)     20 October 2019

A B Kundu
Professional 
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As you didn't consider the sale in December GSTR-3B that means you have not deposited the GST accrued on those sales. Therefore, you have to deposit now with interest @ 18% p.a. If you have enough ITC, you can adjust the same with this not-reported output liability but Interest to be paid in cash only.

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RAJA P M ("Do the Right Thing...!!!")     20 October 2019

RAJA P M
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What about your GSTR 3B returns up-to Sep-19...?
Filed or Not...?

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Manjunath K   20 October 2019

Manjunath K

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3B return filed upto Sep-19

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Pankaj Rawat (GST Practitioner)     20 October 2019

Pankaj Rawat
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If you have filed your September 3B , then you cannot set-off your tax liability further.
Hence need to deposit in cash & set-off by filing DRC03

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Manjunath K   20 October 2019

Manjunath K

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If sep-19 3b return not filed then

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RAJA P M ("Do the Right Thing...!!!")     20 October 2019

RAJA P M
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If not filed sepc19 GSTR 3B return then You will add the missed invoices and values in Sep-19 GSTR 3B return with interest...

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