POSTING OLD DATED CREDIT NOTES IN CURRENT MONTH - reg

[SAFETAB LIFESCIENCE]

Dear Friends/Experts,

Hope you are all safe and doing well.

We have forgotten to upload in Credit Note of March date in our March GSTR-1. Now, we have noticed the same and want to upload in GSTR-1 of June. While trying to mention the Credit Note Number and March date in June GSTR-1 it is accepted and saved. Now, my question is in which month's GSTR-2A of the customer it will be reflected, whether March 2021 or June 2021. Also after filing our GSTR-1 of June 2021, is it reflect in our GSTR-1 of June or March (as we mentioned the date of CN is March, 2021).

Kindly help urgently.

[KASTURI SETHI]

GSTR 2A of June, 21 for all purposes.

[Ganeshan Kalyani]

It will appear in your June 2021 GSTR-1.

[DR.MARIAPPAN GOVINDARAJAN]

I endorse the views of Sethi sir and Ganesan ji.

[Bill Bohm]

Dear Sethi Sir,

I forgot Purchase Invoice Entry in Last Quarter GSTR-3B filing.

Now, in this quarter, when I try to file GSTR-3B with previous invoice included (of course the ITC increases more than 5% of total) - GSTR-3B @portal says:

"For table 4 - The information entered by you in tiles which are highlighted in red is in variance with the auto-populated data in table 4A and 4B. The input tax credit has been auto-populated based on the GSTR-2B generated for you. Also, please note that any variance above 5% of the input tax credit is in contravention to Rule 36(4) of the CGST Rules, 2017. Kindly recheck and proceed."

Should i go ahead and file OR is there a way out?

[KASTURI SETHI]

Replied against Issue ID No.117375 23.7.21.

AI Summary

GSTR-2A timing: late-filed credit notes reflect in filing month; reconcile GSTR-3B variances under Rule 36(4).
When a supplier uploads a credit note dated in an earlier month into a later-month GSTR-1, the credit note and its tax effects will appear in the recipient's GSTR-2A and in the supplier's GSTR-1 for the month in which the supplier files that return; inclusion of prior-period purchase invoices in a current GSTR-3B can create variances with auto-populated input tax credit and trigger portal warnings requiring reconciliation under CGST rules.