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Amendment of old GSTR-1/-20-21

06 September 2021

Dear sirs/madam,

I have filed GSTR1 for the month of
Nov. 2020, but one invoice related
to B2B was shown as B2C and recipient
did not get the credit of tax. Is it possible
for me to rectify along with GSTR-1 of
this month. Please reply.

Andrews from Cochin, Kerala

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6 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 06 September 2021

Yes , You can rectify in this month , however last date to rectify is date for furnishing of return for the month of September 2021 .If tax was not paid through GSTR3B in November 2020 , then interest is applicable.

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sabyasachi mukherjee (27574 Points)
Replied 06 September 2021

Nature of assesse in regular or composition scheme.

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 06 September 2021

Dear
@ Sabyasachi Mukherjee

Composition dealer can not file GSTR1 and not applicable to him , he file quarterly CMP 08 . So what Xavier has mentioned is regular Tax payer , and for regular tax payer can rectify till return for the September month .

sabyasachi mukherjee (27574 Points)
Replied 06 September 2021

I know composition dealer cannot take Input tax credit.
This has been created to bring into the tax ambit .
He has not mentioned turnover .
You are missing out something.

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 06 September 2021

Yes , time limit for receipent to take Input tax credit also September 2021 , subject to fulfillment of conditions in section 16(2) of the CGST act 2017, and credit should not be under block credit as per section 17(5) of the CGST act 2017.