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GST returns nil filed
my accountant filed nil returns but we doing sales n purchases in that period for regular dealer
Replies (15)
show the missed sale & purchase to your next return , if any tax liability, then depo with intt. @ 18%
next return is 3b in this return how can we show
Yes u can show the any missed sale purchases in ur next 3b & in GSTR1
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...
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
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
interest rate 18 percent yearly calculeted or monthly
by which method
plz suggest me
by which method
plz suggest me
18% rate is annually
Faliure to Declare Ouput Tax Liability in the Returns attarcts 24% p.a. interest.
| 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
add such sale taxable value in next month gstr-3b and add the input of such month in next month gstr-3b also
@ 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)
sir,
thanks to share your views.
raja ji sir,
thank u so much for your valuable suggestions.
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