riya sharma asked 6 years ago
GSTR-3b sales invoice missed in previous month
Dear sir or madam,
Few sale bills of July 2017 were missed in July GSTR3B. Should I enter them in GSTR3B for the march to create liability of tax and pay it.
Also if in the month of March we have a credit note for goods returned to the party which is reversing IGST for an amount of Rs.1800/-. When entering this amount in reversal net effect is Rs.-1800/- but due to this GSTR3B is not saved by the portal. Can you tell the way out for the same?
Thanks n regards,
Deepak Bholusaria, CA answered 6 years ago
Can I suggest you to read circular no. 26/26/2017 issued by CBIC.
riya sharma answered 6 years ago
Thank you sir. I have read the circular and almost all the problems are sorted out. But due to rectification I have to reverse IGST of Rs.1800/- also but since there is no IGST input to be claimed this month. Would I be able to reverse it now or not? Since it is not saving the return with reversal of Rs.1800/- and net effect -1800.
Please advice.
Deepak Bholusaria, CA answered 6 years ago
You may reverse it next month, when IGST ITC is available. Right now system is not allowing negative impact.
