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?
Taxpayer Faces ITC Discrepancy Due to Missed Invoice in GSTR-3B Filing; Rule 36(4) Compliance Issues Arise An individual forgot to include a purchase invoice in their last quarter GSTR-3B filing, leading to a discrepancy in the current quarter's filing due to increased input tax credit (ITC) exceeding 5%, which contravenes Rule 36(4) of the CGST Rules, 2017. Advisers in the forum suggest proceeding with the current filing and uploading the missed invoice, as it is necessary to report it within the financial year. They acknowledge the existing legal challenges to Rule 36(4) and highlight the discrepancies between the Common Portal System and GST Acts, emphasizing the importance of reconciliation. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
