Shakthi
(CA)
(433 Points)
Turnover of Rs 10 lakhs pertaining to FY 2020-21 was omitted to be reported in gstr1 and 3b for FY 2020-21. It was wrongly shown as sales in May 2021 and the output tax was paid in May 2021. How to rectify it. Please help. I think GSTR9 can be filed now . But whether there will be any tax liability that the assesee has to pay. Whether the wrongly disclosed turnover in May 2021 can be reversed and the tax paid in May 2021 can be used to set off the GSTR9 liability.
Please Guide
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 15 January 2022
Nidhi
(Chief Accountant)
(3150 Points)
Replied 15 January 2022
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 15 January 2022
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 15 January 2022
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 15 January 2022
Please rectify your May 2021 GSTR 1 in next month GSTR 1 using the amendment.
In GSTR 9, report the sales under Table 9, supply related to FY 2020-21 reported in FY 2021-22
Nidhi
(Chief Accountant)
(3150 Points)
Replied 15 January 2022
Anshuman Basu
(account -GST)
(1556 Points)
Replied 17 January 2022
CAclubindia
