REGARDING ANNUAL RETURN FILING

[Guest]

Respected Sir,

Good day!

A registered tax payer with around 7 lakhs income from house boat service of FY 2017-18 were not shown while filing the GST returns. As the returns filed cannot be revised what shall we do while filing the annual return for the FY 2017-18.

I would be grateful for your prompt reply.

Thank you

[KASTURI SETHI]

(i) You will get an opportunity to rectify the same when format of Annual Return is activated on the Common Portal.

(ii) Secondl, y there was a news that One Time Amnesty Scheme is in the offing.

So there is hope that you will be able to deposit the Govt. dues before or at the time of filing Annual Return.

[DR.MARIAPPAN GOVINDARAJAN]

I agree with the advice of Sri Sethi

[Guest]

Thank you Sirs

AI Summary

Taxpayer Seeks Guidance on Reporting Unreported Income in GST Returns for 2017-18; One Time Amnesty Scheme Mentioned A taxpayer with an income of approximately 7 lakhs from houseboat services for the fiscal year 2017-18 failed to report this in their GST returns and seeks guidance on rectifying this during the annual return filing. One respondent advised that the taxpayer could correct this when the annual return format is available on the Common Portal and mentioned a potential One Time Amnesty Scheme for settling government dues. Another respondent agreed with this advice. The original inquirer expressed gratitude for the guidance received.