GST returns nil filed
rajneesh (self employed) (93 Points)
18 May 2018
my accountant filed nil returns but we doing sales n purchases in that period for regular dealer
15 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 18 May 2018
show the missed sale & purchase to your next return , if any tax liability, then depo with intt. @ 18%
rajneesh
(self employed)
(93 Points)
Replied 18 May 2018
next return is 3b in this return how can we show
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 18 May 2018
Yes u can show the any missed sale purchases in ur next 3b & in GSTR1
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 May 2018
Which value is missed by Your accountant, You add the missed value in Your next GSTR 3B return with Current month values...
File Your GSTR 1 Correctly...
File Your GSTR 1 Correctly...
rajneesh
(self employed)
(93 Points)
Replied 18 May 2018
sir what is the interest rate if tax liabilities
n interest will be calculated on net liability GST tax - input tax
n interest will be calculated on net liability GST tax - input tax
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 May 2018
Liability - Inputs = If payable liability... Then pay interest for the outstanding liability...
Liability - Inputs = ITC... then no need to pay
Liability - Inputs = ITC... then no need to pay
rajneesh
(self employed)
(93 Points)
Replied 18 May 2018
interest rate 18 percent yearly calculeted or monthly
by which method
plz suggest me
by which method
plz suggest me
CA Premanshu Jaiswal
(GST & Indirect Taxes Enthusiast)
(490 Points)
Replied 18 May 2018
Faliure to Declare Ouput Tax Liability in the Returns attarcts 24% p.a. interest.
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 18 May 2018
| Originally posted by : rajneesh | ||
 |
my accountant filed nil returns but we doing sales n purchases in that period for regular dealer |  |
show such sales in gstr_1
and itc to be taken in next month gstr_3b
rajat
(ca final student)
(40 Points)
Replied 19 May 2018
add such sale taxable value in next month gstr-3b and add the input of such month in next month gstr-3b also
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 19 May 2018
@ Rajneesh.,
Interest rate is 18%p.a. it's calculated only for no.of delayed days like (Interest = Tax Liability * 18% / 365 * no.of delayed days)
Raj Gupta
(Accountant)
(34 Points)
Replied 22 May 2018
raja ji sir,
thank u so much for your valuable suggestions.
Recent Topics
- Handling of NRO TDS
- Asset Declaration in ITR2
- CGST/SGST Input tax Classification in Tally Prime
- PREFERENCE SHARES - NBFC
- Vivad se vishwas scheme 2024
- List of banks for tax payments available at e-Pay
- Excess itc claimed then intrest applicable even if
- Financing for Properties and Businesses
- TAX DEMAND STILL SHOWING ON INCOME TAX PORTAL, EVE
- FORM 10 IEA IN Revised return
Related Threads
CAclubindia
