If i Have turnover of RS 100000 in gstr3b of 17-18 and and 90000 in GSTR 1 And now in annual return I am filing with turnover of RS 100000 which is an actual turnover. What will be effect on next GSTR1 . Do I need to show bill in next GSTR 1 for 17-18 . Or no need to do that entry or add invoice in it?
4 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 26 July 2019
Yes if u have skipped any bill in GSTR-1 you have to show that bill in next GSTR-1 otherwise your buyer will not be able to take GST credit. But if this is the case of 2017-18.I don't think portal will accept the invoice of 17-18.
praveen
(manager accounts)
(30 Points)
Replied 26 July 2019
information in the gstr 9 ie annual return has to be disclosed in such a way that it matches with the annual audited accounts. In your case once you fill in the information of turn over of rs 1,00,000/= then the liability will be calculated accordingly.
CA Haritha Komma
(Chartered Accountant)
(1147 Points)
Replied 26 September 2019
You cannot add invoices of 17-18 now in GSTR 1. You can disclose the true figure in GSTR 9 annual return..
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