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Inward supply invoice not entered in gstr 3b

Asish Kumar Nath (Accountant) (78 Points)

12 May 2018

Dear Expert,

I have filled GSTR-3B for the month of March-2018 on due date but now on 12th May-2018 one of our supplier has send us Invoice of February-2018 and March-2018 as he has forgot submit the Invoice on time.

Now, How can I manage the Invoice to record in my books because GSTR-3B has already filled and Financial Year 2017-2018 is also over.

Please advice.

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9 Replies

Dhananjay saraf (Chartered Accountant) (254 Points)
Replied 12 May 2018

you can book the invoice in current month i.e. May and claim the ITC in current GSTR-3B as timelimit to avail ITC is still remaining.

1 Like

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akshay kumar garg (student) (73 Points)
Replied 12 May 2018

yes, till option to file revised return come or option to ammend the filed return come,
we can adjust the mistakes in following months

Asish Kumar Nath (Accountant) (78 Points)
Replied 12 May 2018

Originally posted by : Dhananjay saraf
	you can book the invoice in current month i.e. May and claim the ITC in current GSTR-3B as timelimit to avail ITC is still remaining.

But in point of view of Audit and Income Tax, can I book purchase of last financial year in the current financial year? 2nd thing is that GSTR-3B will not match with books , so there will be mismatch betwen books and return filled and will reflect in Audit ?

Please advice

Amit Gupta (Account ) (67 Points)
Replied 12 May 2018

you can book the invoice in current month of you don't have avail benefit of ITC in Feb and march for both invoices

Vikrant Bajaj (Managing Director) (22 Points)
Replied 12 May 2018

I do agree with Mr. Saraf. You could book invoice in current month ...therefore you will get time limit to avail ITC. Read more at: https://verittechnologies.com/gst-invoice-billing-software-inventory-system/

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 12 May 2018

book the invoices on the date it pertains
to. & take ITC in current month 3b , plz do prepare reco. statement for the same

Mayur (Free Learner) (334 Points)
Replied 12 May 2018

Agreed with Pankj ji, otherwise the books of accounts will show wrong figures on balance sheet date.

DINESH GOYAL (13 Points)
Replied 12 May 2018

pankaj ji is write , make entry in last financial year and claim input in may 3b

Asish Kumar Nath (Accountant) (78 Points)
Replied 14 May 2018

Dear All Experts,

Thanks for your views. It will help me to sort out my problems.

The best way would be to enter all the Invoice on respective date and take the Input Credit on May-2018 and prepare a Reconciliation for Audit Purpose.