- Yes, you can fix the mistake in the annual return.
Missed reporting 2 GST Invoices in FY19: Can we fix in Annual Return?
I just noticed that my accountant has missed reporting the following 1. One invoice in July 2018 with value $3000 or roughly Rs. 2 lakhs. 2. Under-reported another invoice in Sep 2018 by Rs.3000. Both are zero rated export of service with valid FIRC, So no tax outgo. But I know they still need to be reported. My questions. What can be done now? Can these two "honest clerical mistakes" be corrected in the upcoming Annual return? If so which section? Many thanks and Regards Vijay Nair
Asked 4 years ago in GST
Did you had LUT in FY 2018-19 if yes then its zero rated otherwise you need to pay tax and then claim refund.
You can show them in March 20 GSTR 3B and GSTR 1 and then report the same in GSTR 9 of FY 2018-19.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you.
@Naman Maloo Yes LUT submitted for the period. No GST applicable. Is it still necessary to show those invoices in the next GSTR 3b and GSTR1 2020 filing(is that even allowed after almost 2 years) before filing the GSTR 9 of FY 2018-19? Cant it be directly shown in GSTR 9 of FY 2018-19?
Asked 4 years ago
Please show in Annual return otherwise there will be a mismatch of income with the ITR.
Dear sir
there is an option for correcting the mistake in annual return, u can rectify the same while filling GSTR-9
Dear sir
if u have lut for the same then no need to show it in March 2020 return
just show it in annual return then ur sales in books & gst return will get tallied
In the annual return you need to mention that same has been included in next FY return so I think along with GSTR 9 you must show it in annual return.
Hello,
Yes, the missed invoices/correction can be made in the annual return for the relevant period.
I hope this answer satisfies your requirements.
Regards,
CA Hunny Badlani
It can be rectified directly in GSTR-9.
Hi Vijay
Yes, reporting should be done in GSTR 9.
Include the same in table 5A og GSTR 9 since these are exports without payment of GST.
I assume you were exporting under LUT.
Since this is pertaining to FY 2018-19, you can't include such supplies in GSTR 3B and GSTR 1 of the current period.
It has to be done only in GSTR 9.
Dear Sir,
Hope you are doing well !!
You need to rectify the same in GSTR 9.
No, you can't show the same in GSTR 3b and GSTR 1 of the current period.
Ask a Chartered Accountant
Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
Ask a CA