TaxTMI 
TaxTMI 
SIR. In the month of march 2021 sale of ₹ 20.00 lakhs reported in GSTR-1, but by mistake Turnover was reported in GSTR-3B as 2.00 Crores but Tax amount correctly given for 20.00 lakhs ONLY, how to rectify this error! Reporting the same in Annual Returns is Sufficient?
TURNOVER MISMATCH
05 Oct 2021 
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Turnover mismatch in GST returns: disclose and reconcile in the annual return to rectify typographical reporting errors.
Where GSTR 3B overstates turnover relative to GSTR 1 but tax paid matches the correct lower value, disclosure in the Annual Return (GSTR 9) is generally treated as sufficient correction since the annual return reconciles outward supplies and tax. Voluntary intimation to the department and qualifications in GSTR 9C may be appropriate where audit applies; Forms GST MIS 1/MIS 2 are available for matching records but are viewed by some experts as unnecessary for typographical errors that do not affect ITC or recipient declarations. Small taxpayers should assert non applicability of audit when filing annual returns. (AI Summary)
Where GSTR 3B overstates turnover relative to GSTR 1 but tax paid matches the correct lower value, disclosure in the Annual Return (GSTR 9) is generally treated as sufficient correction since the annual return reconciles outward supplies and tax. Voluntary intimation to the department and qualifications in GSTR 9C may be appropriate where audit applies; Forms GST MIS 1/MIS 2 are available for matching records but are viewed by some experts as unnecessary for typographical errors that do not affect ITC or recipient declarations. Small taxpayers should assert non applicability of audit when filing annual returns. (AI Summary)