Exempted T.O not Reported, Goods and Services Tax - GST

[vignesh VSACCOUNTOPRIVATELIMITED]

Sir. Exempted TO was not reported in GSTR 1 for one financial year 2021-22, can i show the same in Annual returns. Will the department accept!

Posts / Replies

[KASTURI SETHI]

Yes. One of the purpose(s) of Annual Return is reconciliation. If any person rectifies its mistake on one's own, it shows the tax payer's bona fides. You will have to rectify.

[vignesh VSACCOUNTOPRIVATELIMITED]

Thank u. Guru Ji

[Shilpi Jain]

Can be shown in GSTR-9 for sure. In cases where filing GSTR-9 is optional, such assessees could file an intimation letter in this regard instead of filing GSTR-9 to disclose the missed exempt turnover.

[Ganeshan Kalyani]

Yes you can show the missed out turnover in the annual return.