Namaste,
You must know that if you do not file your GSTR 1 return by October 11, what will be its impact:
- You will be liable to pay the late fee;
- Customers will not be allowed to claim ITC as an amount not reflected in their GSTR 2A;
- If you want to make any amendment for transactions uploaded in GSTR 1 for FY 2020-21, you will not be able to.
- You can upload invoices for FY 2020-21, but customers will not get Input Tax Credit.
- You may get a notice for assessment;
Thanks & Regards
Yuvraj Marathe