01 February 2023
Hi Experts, Kindly provide a solution to the following query. For the FY 2021-22Turnover as per GSTR 3B Rs.72 lacs, as per GSTR1 Rs. 73 lacs, as per book Rs.74 lacs, book turnover has been considered in audited balance sheet. The omitted turnover has not been shown in GST returns in the FY 2022-23. Can the omitted turnover be edited in Table 4A of GSTR 9 of FY 2021-22. and can the difference tax be paid there on. Any other solution please.
03 February 2023
Yes, correct turnover as per books and audited financials should be reported in table 4 and differential tax not paid should be paid off by DRC-03 with applicable interest. For applicability of interest refer to section 50 read with rule 88B.
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