We issued a credit note of ₹35,00,000 to an interstate party and generated an E-invoice for the same. However, due to an oversight, the amount was classified under the exempt category instead of the 12% category. The credit note was raised on 12-02-2025, and cancellation is no longer possible.

Can this correction be made while filing the GSTR-1 return?

How technologies company pay tax. And what are the process to register company

Dear All

Plz confirm , whether following RA bill procedure is correct or not for contractor from GST bill to bill reconciliation point of view ?

Ra Bill -1 (GST Bill)

Total Basic contract RA bill valaue Rs 10,000/-
Less : Retention Amount Rs 1,000/- (Not claimed by contractor as per contract terms
for security,safety & deduction clause)
Net Bill Value Rs 9,000/-
GST 18 % on Net value Rs 1,620/-
Total bill value for GSTR-1 Rs10,620/-

Final Ra Bill (GST Bill)

Total Basic contract Rs 1,000/-
(Balance Pending retention Amt)
GST 18 % on Net value Rs 180/-
Total bill value for GSTR-1 Rs 1,180/-

Only In above cases , GSTR-1 (Contractor) & GSTR2B (Contractee) will match properly with out dispute or reconciliation.

Regards

I generate e wey bill in the month of oct 2024. but same number bill show in GSTR1 and GSTR3B another party name . means bill No. x show in e way bill party A , and show bill No - X in gstr1 and 3B party B. how to solve this problem in this months.please help me asap

We issued a credit note of ₹35,00,000 to an interstate party and generated an E-invoice for the same. However, due to an oversight, the amount was classified under the exempt category instead of the 12% category. The credit note was raised on 12-02-2025, and cancellation is no longer possible.

Can this correction be made while filing the GSTR-1 return?

GST Query:
1. To send goods from factory to job worker is e-way bill mandatory? If exemption is there then what are conditions for exemption?
2. Is GST applicable for job work done by job worker under reverse charge mechanism if the job worker does not have GST registration.

WHAT WILL BE TREATMENT UNDER GST IF INSTEAD OF EXPORT GOODS ARE HANDED OVER TO REPRESENTATIVE IN INDIA AND AMOUNT IS RECEIVED IN FOREIGN CURRENCY. ??? WILL GST BE APPLIABLE AND WILL IT BE MADE IN LOCAL FORMAT????? BUT AMOUNT IS RECEIVED IN FOREIGN CURRENCY,..........PLEASE HELP

Dear Sir/Madam
Request to guide if any available for GST payable and and GSTR 1 for mutual fund distributor registered in Gujarat. If any link available for that or how to show income in GSTR 1 without bill summary. Tax applicable CGST 9% and SGST 9%

As part of business we have setup display units in our customers premises, in this case we have 2 doubts first is can we treat as revenue expenditure or is it required to consider the same as capital expenditure. Second one is regarding claiming of GST ITC

I generate e wey bill in the month of oct 2024. but same number bill show in GSTR1 and GSTR3B another party name . means bill No. x show in e way bill party A , and show bill No - X in gstr1 and 3B party B. how to solve this problem in this months.please help me asap