Menu
Turnover issue
Turnover reported less in 3b than in books? what is the treatment in gstr9? further, what is the treatment of same if it is not adjusted till September in next FY?
Replies (7)
Please mention F.Y wherein turnover reported less .
FY2018-19
Https://docs.google.com/forms/d/e/1FAIpQLSdNN2elKcaEMcYyvo5hvPJb-Vv3a_F1gxTJ3NemmhIXxIzUkw/viewform
1) please check Taxable value and Tax amount in Table 4 of GSTR 9 F.Y 2018-19 ( This table is auto populated from GSTR1 you filed during the year 2018-19 ) , is it as per the books ? confirm .
2) please check Table 9 of GSTR 9 wherein you will get Tax paid during the year for F.Y 2018-19 auto populated form GSTR3B
Tally Table 4 & Table 9 .
3) For F.y 2018-19 adjustments are allowed up to Sept 2019 .
Thanks for the reply sir, my query is what if the adjustments are not made up to sep 2019? is it sufficient if I show excess turnover in gstr9 and providing reason in 9c?
you have to pay tax liability with Interest for excess turnover reported in GSTR9 now .
Agree with Mr Prasad
Recent Topic
Related Topics
CAclubindia
