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Supply reporting in gstr1

Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)

25 March 2023

Dear Experts

If we report an invoice darted 31st March 2023 not in March gstr1 but in April gstr1 with march date will this invoice amount be taken in the turnover of FY 22-23 or FY 23-24 in gst database.

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3 Replies

Neha (ENTREPRENEUR) (200 Points)
Replied 25 March 2023

If an invoice with a date of 31st March 2023 is reported in the GSTR-1 return for the month of April 2023 with the March date, then it will be considered as a part of the turnover for the financial year 2022-23. This is because the invoice was issued in March 2023, and it pertains to the financial year 2022-23.

NEERAJ JINDAL (91 Points)
Replied 25 March 2023

In this case, the invoice will not be added to GSTR 2-A and GSTR 2-B of the buyer March monthly returns and he will not be able to get input credit of the same in the same period.