While calculating the output liability, a few invoices were omitted in total, So output turnover & output tax were less deposited.
kindly advise what to do
3 Replies
Aman Chawla
(133 Points)
Replied 22 September 2017
tough one ....I guess u have to bear 18% interest on less tax deposited. for the time being u can create a new challan and pay the remaining amount and keep it in your cash ledger. but I m not sure whether interest will be calculated or not
Rajat Khanna
(86 Points)
Replied 22 September 2017
what if we pay excess tax by omitting our itc... how to get that tax
Aman Chawla
(133 Points)
Replied 22 September 2017
rajat khanna @ that's not an issue. when u will file gstr 1 2 and 3 , the excess amount will automatically be reflected in your cash ledger . file gstr 1 2 3 correctly
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