If All monthly GST Return wrongly filed NIL Return. But in actual there was data for sale and purchases and INPUT also show in 2A/2B. So please tell me what are corrective steps for correction of Financial year 2020-21 data.
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 13 May 2021
You have to file all the return with penalty Interest in annual return
RENU SHARMA
(1388 Points)
Replied 13 May 2021
You can correct these kind of mistakes in annual return and pay the tax through DRC 03 with interest and penalty
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 13 May 2021
Amendments or missing invoices for FY20-21 can be filed up to the due date for filing Sep 2021 return or annual return whichever is earlier.
So right now you have an option to add missing transactions and pay liability (if any) with interest. If you wait till filing of annual return, you will have to pay additional interest.
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