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Turnover issue

Irfan Khan (CA FINAL) (508 Points)

14 December 2020

Turnover reported less in 3b than in books? what is the treatment in gstr9? further, what is the treatment of same if it is not adjusted till September in next FY?

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7 Replies

prasad Nilugal (3914 Points)
Replied 14 December 2020

Please mention F.Y wherein turnover reported less .

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Irfan Khan (CA FINAL) (508 Points)
Replied 14 December 2020

FY2018-19

Puja Puja (6 Points)
Replied 14 December 2020

Https://docs.google.com/forms/d/e/1FAIpQLSdNN2elKcaEMcYyvo5hvPJb-Vv3a_F1gxTJ3NemmhIXxIzUkw/viewform

prasad Nilugal ( GST Practitioner & Accounts ) (14846 Points)
Replied 14 December 2020

1) please check Taxable value and Tax amount in Table 4 of GSTR 9 F.Y 2018-19 ( This table is auto populated from GSTR1 you filed during the year 2018-19 ) , is it as per the books ? confirm .

2) please check Table 9 of GSTR 9 wherein you will get Tax paid during the year for F.Y 2018-19 auto populated form GSTR3B

Tally Table 4 & Table 9 .

3) For F.y 2018-19 adjustments are allowed up to Sept 2019 .

Irfan Khan (CA FINAL) (508 Points)
Replied 14 December 2020

Thanks for the reply sir, my query is what if the adjustments are not made up to sep 2019? is it sufficient if I show excess turnover in gstr9 and providing reason in 9c?