Rectification

[Guest]

Dear Sir/Madam,

In January 2018 GST Return the sales for RS.9 Lakhs which has been exempted has been wrongly written as 42 Lakhs due to technical error.How this defect can be rectified and what is the impact of this on IT filing

[Alkesh Jani]

Sir/Madam,

First of all write a letter to your jurisdictional office, stating the above facts and preserve the letter for future Audit/Query and while filing the IT return show that correct figures.

Our experts may correct me if mistaken.

Thanks

[YAGAY andSUN]

We understand it is some sort of typo error which can be rectified either in next return or by providing an intimation letter to the Jurisdictional GST Officer in this regard.

[DR.MARIAPPAN GOVINDARAJAN]

As said by Yagay it may be adjusted in the subsequent returns. But considering the income tax aspect it is better to approach the jurisdictional Authorities

AI Summary

GST reporting error: correct exempt sales by intimation to the jurisdictional officer or adjustment in subsequent returns. Notify the jurisdictional GST office in writing about the typographical misstatement of exempt sales, preserve that letter for audit, and either correct the figures in the subsequent GST returns or provide an intimation to the officer; ensure the accurate figures are shown in the income-tax return and retain supporting correspondence to substantiate the adjustment.