Taxzona

The Return for the month of September is the last Return in which to make any revisions or adjustments to the previous year's Income tax return filing . Consider the following scenario: for the fiscal year 2020-21, GSTR 3B and GSTR 1 are the final returns to be filed for all changes to transactions relating to the period April 2020 to March 2021, respectively. Before submitting the GST Return filing  for the month of September, the following steps must be completed: Match the Sales Turnover recorded in GSTR 1 with the Sales Turnover reported in Books. Match the Sales Turnover recorded in GSTR 3B with the Sales Turnover reported in Books. Check to see whether all of the credit notes that have been issued have been disclosed in GSTR 1 and whether the impact of the same has been taken into account in GSTR 3B. Determine if invoices raised to customers are recorded in B2B (customers with GSTIN) or B2C (customers without GSTIN) (Unregistered customers) Make a comparison between GSTR 3B a