GST Tip – 330

In GSTR Р3B, the tax implications on the credit notes, debit notes & purchases from unregistered dealers which are falling under RCM have to be reported and paid, in case of f the taxpayer has missed all these documents, they can upload the same in GSTR Р1 and GSTR Р2 and this will automatically get updated in the GSTR Р3 and the tax liability can be settled and be GST compliant.

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