miss sale invoice in R1 in jan 2018

09 June 2018

we miss to enter a sales invoice of jan 2018(previous.financial year) in R1 now how to rectify .how can we recify now?

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7 Replies

Vinod Babu (24191 Points)
Replied 09 June 2018

You can account the missed out invoices in next month GSTR1 returns and also reconcile it.

MURALI NADIMINTI (502 Points)
Replied 09 June 2018

is it need to pay interest on tax?

Bibek jaiswal (Accountant) (528 Points)
Replied 09 June 2018

No interest will be levied if you have included in GSTR 3b of Jan 18 and pay taxes accordingly otherwise you have to pay interest on that tax due.

MURALI NADIMINTI (502 Points)
Replied 09 June 2018

yes agreed with you

Bhagwandass Puranchand (132 Points)
Replied 09 June 2018

not entered in 3rb also now how can we rectify in next R1 R2 or anual return we know that we have to pay intrest

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Bibek jaiswal (Accountant) (528 Points)
Replied 09 June 2018

Include those missed bill in Feb 18 in GSTR 3b and pay tax and interest accordingly.

Vinod Babu (24191 Points)
Replied 10 June 2018

Yes interest applicable as told by our experts.

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