TaxTMI 
TaxTMI 
The wrong reporting of figures in Return GSTR – 1 and GSTR – 3B, can it be rectified by showing correct figures in Annual Return or in Annual Returns same figures should get reflected what is mentioned in the Return GSTR – 1 and GSTR – 3B?
Annual Return
20 Apr 2019 
1 Reply 
1692 Views Asked by
Annual Return correction: correct figures should be reported to demonstrate bona fides and address GSTR mismatches.
Annual Return must reflect correct consolidated figures rather than repeat incorrect entries from GSTR-1 and GSTR-3B; it is the operative opportunity for registered persons to demonstrate bona fides and reconcile mismatches. Taxpayers should report accurate aggregated figures in the Annual Return, and may rely on potential portal mechanisms or future administrative guidance to assist rectification where notices for mismatches have been issued. (AI Summary)
Annual Return must reflect correct consolidated figures rather than repeat incorrect entries from GSTR-1 and GSTR-3B; it is the operative opportunity for registered persons to demonstrate bona fides and reconcile mismatches. Taxpayers should report accurate aggregated figures in the Annual Return, and may rely on potential portal mechanisms or future administrative guidance to assist rectification where notices for mismatches have been issued. (AI Summary)