Gstr 3b - annual supply less than 20 lac (voluntary reg)

Return 253 views 3 replies
User Avatar

Student
57 Points Joined August 2010

Dear Friends,

Since i am expecting annual turnover will remain less than 20 lacs during this financial year, So have have taken voluntary registration under GST.

In the month of July, i have made sale of around 2.5 Lac and did not charged any GST on above sale.

Now my query is .. 

1 . Do i need to shown this sale in GSTR 3B?

2. If yes, Where should i show this amount in GSTR 3B.

Thanks in advance!

0 Reply Share Follow
On 18 August 2017 at 19:36 Report
Replies (3)
User Avatar

Proprietor
4869 Points Joined January 2010
you will have to pay tax on sale whether u collected from customers or not..
so u have to show it in table 3.1
Reply
On 18 August 2017 at 19:57
User Avatar

Student
57 Points Joined August 2010

Thanks for the reply Ramesh!

But i belive there is basic thrashhold exemption i.e. GST will not be charged on sale upto 20 lac.

Reply
On 18 August 2017 at 20:04
User Avatar

Proprietor
4869 Points Joined January 2010
in case of voluntary registration your liability will arise from the date of registration.
so if u sold goods after the date of registration u will have to charge and pay tax and to show in return.
however earlier sale is not to be shown
Reply
On 18 August 2017 at 20:15


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading