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Sales omitted

25 July 2024

for the last financial year I have filed gst nil return.can I file annual return showing sales.So that I can show gst turnover in income tax filing.pls reply thanks in advance.

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2 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14846 Points)
Replied 25 July 2024

You mean to say, you miss sales in last financial year in both GSTR1 & GSTR3B and want to show in annual return, please cerify .

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Money Money (427 Points)
Replied 27 July 2024

If you filed a nil GST return for the last financial year, you can still file an annual return to show your sales turnover. Here’s how:

File Annual Return (GSTR-9):
The annual return (GSTR-9) summarizes your entire GST activity for the financial year.
Include details of your sales (both taxable and exempted) in this return.
Report the total turnover (including both taxable and non-taxable supplies) in the relevant sections.
GST Turnover in Income Tax Filing:
When filing your income tax return (ITR), you can mention the GST turnover as part of your business income.
Ensure consistency between the GST turnover reported in GSTR-9 and the turnover mentioned in your ITR.
This helps align your GST records with your income tax declarations.