I have a tax invoice for the month of August 2017 which was not furnished in the GSTR 1 and GSTR 3B return for the respective period. What do I do now?
8 Replies
Vatsla Alagh
(1545 Points)
Replied 24 August 2018
Show such invoice in the GSTR-3B of Aug 2018 with interest
Mayank Mandora
(CA in Practice)
(522 Points)
Replied 24 August 2018
You can rectify/add any invoice which was ommitted in the relevant period in any succeeding month but before the September of next year
As in your example: If any bill was ommitted for the tax period of 2017-18 you can add/ rectify upto the filling of return for the period of September 2018
As regard to GSTR 1 you can add it in
1. B2B invoices if not shown earlier
2. Amend B2C for the month of August 17 in the return of August 2018 if it is Monthly or in the Return of September 2018 if it is quarterly
3. Amend B2B invoice if it is already shown and you have to rectify it.
As in your example: If any bill was ommitted for the tax period of 2017-18 you can add/ rectify upto the filling of return for the period of September 2018
As regard to GSTR 1 you can add it in
1. B2B invoices if not shown earlier
2. Amend B2C for the month of August 17 in the return of August 2018 if it is Monthly or in the Return of September 2018 if it is quarterly
3. Amend B2B invoice if it is already shown and you have to rectify it.
Aman Agarwal
(321 Points)
Replied 24 August 2018
ok so if I now show the invoice in the return of August, the GSTR 3B of August should be inclusive of the taxable amount of such bill. Right?
Vatsla Alagh
(1545 Points)
Replied 24 August 2018
yes right.. n also pay interest on that while paying tax for aug month
Vatsla Alagh
(1545 Points)
Replied 24 August 2018
amount of tax * 18% * no. of days for which thr is delay / 365
aagam jain
(chatrered accountant )
(63 Points)
Replied 18 May 2019
if we have already Input Tax Credit of GST , then also we needed to pay Interest on Addition Invoices added in Next month
.if yes. how to calculate no of days on for delay intt .
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