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(urgent help) short filed gst - how to correct it ?

pr br (319 Points)

12 September 2018

I am in consultant business and myself have been filing my GSTR1 and 3B since GST launched in India.

in FY 2017-18 , I filed GST for Nov 2017 as follows

taxable amount: 100000
gst :18%
invoice total : 118000
gst paid : 18000

But the client has filed different amount as follows

taxable amount : 103000
gst : 18%
invoice should be : 103000+18540

so difference = 540

they want me to adjust this amount for FY 2017-18 . sept 15th is the last date of last year annual filling for them.

can i raise an invoice of difference amount (540) this month, anyone please help me , I can take your paid service as well . its urgent .

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55 Replies

Deepak Gupta (CA Student) (15922 Points)
Replied 12 September 2018

Issue a debit note against the said invoice for the difference.

Add the liability in this month’s GSTR-3B.

Declare the debit note in GSTR-1 against the said invoice.

In case of your client: For an invoice of FY 2017-18, ITC can be taken upto 20.10.2018 (September month return of the following F.Y. to which the invoice pertains) or 31.12.2018 (date of filing of annual return), whichever is earlier [Ref. 16(4)-CGST].

Also refer to Circular No. 26/2017, dt. 29.12.2017

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pr br (319 Points)
Replied 12 September 2018

Originally posted by : :\|)eep @ k Gupt/\
	Issue a debit note against the said invoice for the difference. Add the liability in this month’s GSTR-3B. Declare the debit note in GSTR-1 against the said invoice. In case of your client: For an invoice of FY 2017-18, ITC can be taken upto 20.10.2018 (September month return of the following F.Y. to which the invoice pertains) or 31.12.2018 (date of filing of annual return), whichever is earlier [Ref. 16(4)-CGST]. Also refer to Circular No. 26/2017, dt. 29.12.2017

Is there any option to Add/Amend B2B ? can I change the original invoice?

pr br (319 Points)
Replied 12 September 2018

Is there any option to Add/Amend B2B ? can I change the original invoice?

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 12 September 2018

Table 9A, available but Debit Note is preferred.

How your client take 18,540 when you have not provided such invoice.

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pr br (319 Points)
Replied 12 September 2018

Originally posted by : Rohit Tibrewal
	Table 9A, available but Debit Note is preferred.How your client take 18,540 when you have not provided such invoice.

Actually, first they paid me 100,000 I make the invoice of that amount and paid GST . but after they added the rest amount of 3000. so this 3000 extra increasing my tax liability for GST. so how do I need to raise a debit not of 3000 in Aug 2018 GSTR -1 . can I ask you to follow me , so that I can send you a PM ?

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 September 2018

If it's urgent then You can try to the following way :

Go to Amend Your previous Invoice as per Your required Value.
Pay the short amount in Your current GSTR 3B with interest.

After that send to the Changed invoice to Your client.

2 Like

pr br (319 Points)
Replied 12 September 2018

Client has taken ITC 18540 , but I have never shown this GST throughout the year . I filed 18000 only . is debit note is only solution ? if I raise a debit note , how to add that in Aug 2018'GSTR3B ?

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pr br (319 Points)
Replied 12 September 2018

Originally posted by : RAJA P M
	If it's urgent then You can try to the following way :Go to Amend Your previous Invoice as per Your required Value.Pay the short amount in Your current GSTR 3B with interest.After that send to the Changed invoice to Your client.

thanks ... what is the difference between this method and debit note option? the client wants me to pay the difference GST for FY 17.18 only . The balance amount should be adjusted for last financial year 2017-2018 .

pr br (319 Points)
Replied 12 September 2018

then I have 2 options

1. amend as suggested by @ RAJA P M

2. Debit Note

are both the options make The balance amount should be adjusted for last financial year 2017-2018 ???

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 September 2018

You can't touch any of the GST returns in previous filed. Also You will make any changes or Debit note then You ll file in Current return. It's not directly to 17-18...

But,
If You are amend the Particular details in Your next GSTR 1 return then It will be reflected as Your invoice...
May be You can do it for Your customers satisfy.

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Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 12 September 2018

No then first option if you need liability for 2017-18, it will be chargeable with 18% interest. Or you need to raise debit note today

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 September 2018

When You raised the Invoice for the above said details. Take its next return due date and calculate interest for the amount of 540*18%p.a and pay it in current GSTR 3B return. Your will be solved. If Prepare debit note then You just file it in current return only and it's can't reflect py...

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Rahul (Proprietor) (48 Points)
Replied 12 September 2018

Does September 15 is the last date or oct31?

pr br (319 Points)
Replied 12 September 2018

Originally posted by : Rohit Tibrewal
	No then first option if you need liability for 2017-18, it will be chargeable with 18% interest. Or you need to raise debit note today

The client specifically mentioned "The balance amount should be adjusted for last financial year 2017-2018 "

That confuse me . Is making debit note of balance taxable amount will do it or not ?

please reply. you said go for option 1