Missed Invoice of Previous year can we process in the current month GST

[KUMAR Narasimhan]

Few Sales Invoices made in FY 19-20 and FY 20-21 have not been processed in GSTR-1 and GSTR-3B, shall this be in April 2021 monthly returns as a prior period transactions or do we need update the same in the GST Annual returns of FY 19-20 and FY 20-21.

[KASTURI SETHI]

You should add missed invoices in GSTR-1 for April, 21.

[KUMAR Narasimhan]

Thank you so much for the information sir

AI Summary

Missed invoice reporting: report prior-period sales in the current month's GSTR-1 to capture omitted invoices. Omitted sales invoices from prior financial years should be reported in the current month's GSTR-1 (April 2021) to capture missed invoices, rather than relying on correction through annual returns.