Aggregate Turnover Wrongly Updated, Goods and Services Tax - GST

[satyanarayana korraprolu]

Sir,

I was updated Aggregate Turnover in the preceeding financial year ₹ 131445297.00 in GSTR-1 July 2017. (T/O F.Y 2016-17 + 2017-18 Q1=131445297.00)

Actually Previous F.Y 2016-17 Turnover is ₹ 103631746.00

Kindly give suggesstions and recetification process.

Any notices will be received from GST & IT department's .??

Posts / Replies

[YAGAY AND SUN]

In next return you can rectified it.

[ashok amin]

Dear Sir,

I think it is one time entry to be done i.e. in the month of July 2017 afterwards it gets blocked. Kindly highlight on this accordingly.

Regards,

[KASTURI SETHI]

You will have to change GSTR 3 B for July, 17 also and facility for RESET of GSTR 3 B has been allowed. This will pave the way for amendments in the remaining GSTR Returns.

[satyanarayana korraprolu]

Sir,

i filled GSTR 3B upto nov2017 and GSTR-1 up to october 2017.

Kindly give suggesstions and recetification process.

Any notices will be received from GST & IT department's .??

[ashok amin]

Dear Mr Satyanatayana Korraprolu

As rightly advised by Shri Kasturi Sethi you can go ahead with the changes to be done. As if you just have to change the turnover of the preceeding financial year, no need to change GSTR1 or GSTR3B details. Experts please correct me if I am wrong.

[CS SANJAY MALHOTRA]

Nothing can be done in monthly returns . Wait for annual return filing for correction.

[satyanarayana korraprolu]

Thank you Sir,

[subramanian vijayakumar]

I agree with Malhotra sir's view let him wait