Q. Non returns filed period for composite scheme dealer

Question

Sir,
A registered composite scheme composite returns  non filed from 01-04-23 to 31-12-23 period  notice details mentioned below issued state gst officer.
01-04-23 to 30-06-23 sales turnover rs:10 lacs tax rs:10,000/-
01-07-2023 to 30-09-23 sales turnover rs:10 lacs tax rs:10,000/-
01-10-23 to 31-12-23 sales turnover rs:10 lacs tax rs:10,000/-
Dealer f.y.22-23 composite returns filed period highest turnover rs:10 lacs show
Question:
Dealer gst returns non filed period from 01-04-23 to 31-12-23 sales turnover show actually sales turnover or department mentioned sales turnover show in composite returns correct procedure.

Answer 1

Correct Procedure for Addressing the Notice:

Verification of Sales Turnover: The dealer should first verify the sales turnover and tax amounts mentioned in the notice for the period from 01-04-23 to 31-12-23. It is crucial to ensure that these figures accurately reflect the actual sales turnover and the tax calculated as per the composition scheme rates applicable for the dealer's specific category of goods or services.

Actual Sales Turnover Reporting: If the dealer finds that the actual sales turnover differs from what is mentioned in the notice by the department, the dealer should gather all necessary documentation (such as sales invoices, ledgers, etc.) that substantiate the actual sales figures. The dealer should then communicate this information to the GST authorities, providing a detailed explanation and supporting documents to correct any discrepancies.

Compliance with Notice Requirements: If the sales turnover and tax amounts mentioned in the notice are accurate, or once any discrepancies have been resolved, the dealer should proceed to file the overdue composite returns as per the figures agreed upon with the GST authorities. It is important to include the sales turnover for the non-filed period as accurately as possible, whether it is the actual turnover or the turnover as assessed by the department (after any corrections).

Penalties and Interest: The dealer should be prepared to pay any penalties, interest, or late fees applicable due to the non-filing of returns within the prescribed timelines. The GST law provides for penalties and interest for late filing of returns and late payment of tax.

Regularization of Compliance Status: After addressing the notice and filing the overdue returns, the dealer should take steps to ensure regular compliance with GST filing requirements in the future to avoid similar issues.

Regards, CA. Praveen Sharma

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