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ITC RECONCILE BETWEEN RETURN 3B AND GSTR 1 FOR 17-18

Goods and Services Tax - Started By: - nandankumar roy - Dated:- 12-4-2018 Last Replied Date:- 16-4-2018 - DEAR SIR, WHILE GONG THROUGH RECONCILE BETWEEN RETURN 3B AND GSTR 1 FOR 17-18 FOLLOWING ITC MISMATCH FOUND IN TOTAL TILL FEBRUARY ARE AS UNDER: .....

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URN AS WELL AS MARCH HSN SUMMARY EFFECT ALSO. REGARDS, N K ROY 9427181604 - Reply By KASTURI SETHI - The Reply = (i) At present problem of audit is not a matter of concern. This may arise later on. This will take one or more years. Meanwhile you have .....

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ng GST returns in this chain until or unless figures are tallied.Figures may be of value, ITC , revenue etc. whatsoever. These must tally. (iii) As you are well aware that GSTR 3B is provisional, the figures mentioned in GSTR 3B are to be finalized b .....

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By Ganeshan Kalyani - The Reply = GSTR 3B of March 2018 can ve filed on or before 20th Apr 2018. GSTR 1 of March is also yet to filed. Thus you can match rectify the error in March month return. In GSTR1 you have shown less amount of taxes. Means yo .....

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Reply By Alkesh Jani - The Reply = Sir, In continuation to the views expressed by our experts, i Just wish to add that Annual Return is awaited you can also rectify the omission or addition. - Reply By KASTURI SETHI - The Reply = Desr Alkesh Jani Ji, .....

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y omission or addition or deletion, can be done in the subsequent month(s) or quarter(s), means till you file Annual returns, however, not without any restriction or condition. Here I wish to add that the concept of Annual return is taken from State .....

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(s) or quarter(s). However, the amendment is for subsequent month or quarter. As we know that the quarterly filing of return GSTR-1 or GSTR-3B was not the intention of the Govt. Therefore, if any omission or rectification required, which were not don .....

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