Dear Experts,
I have a situation where a composition dealer did not file GST returns for the full year 2018-19. Also, this person issued all invoices to registered GST customers at 18% tax instead of following composition rates. Now, owing to this mistake of wrong levy of tax, I wanted to change from composition to regular and file regular GST returns under the normal scheme, but the portal does not allow to change the scheme with retrospective effect.
- I can't ask the customers to reverse all the input credit because they would have all filed their GSTR 3B considering the credit
- I am not able to change from composition to regular on the portal to file regular GSTR 3B and GSTR 1
I am at a deadlock situation here. What is the resolution in such a case? Should I meet the officer to resolve this? Will I be exposed to a penalty situation if I discuss this with the Officer. Is there a way out without taking this to the authorities in person?
Please help. Thank you in advance.