Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

B2b invoice wrongly entered in b2c

bijo (Accountant) (302 Points)

02 January 2018

If B2B invoice wrongly entered in B2C,how it can be corrected & when?

Reply
Follow
Share

11 Replies

bijo (Accountant) (302 Points)
Replied 02 January 2018

If B2B invoice wrongly entered in B2C in GSTR 1,how it can be corrected & when?

Upgrade to CAclubindia Pro. Subscribe Now!

Dixit (CA Final) (2405 Points)
Replied 02 January 2018

if you not submitted then you can change

bijo (Accountant) (302 Points)
Replied 02 January 2018

Already submitted,then how it will be changed?

Manas Das (1431 Points)
Replied 02 January 2018

which month you talking about ???

bijo (Accountant) (302 Points)
Replied 02 January 2018

B2B invoice wrongly entered in B2C in GSTR 1 on July'17,how it can be corrected & when?

Upgrade to CAclubindia Pro. Subscribe Now!

Manas Das (1431 Points)
Replied 02 January 2018

file amendment to b2c in Aug and report in b2b of August

bijo (Accountant) (302 Points)
Replied 04 January 2018

B2C (others) amedment is not available in GSTR 1

Tarun Verma (Professional) (23 Points)
Replied 21 June 2018

GSTR-1 : B2B Invoice submitted as B2C. How to rectify ?

A common query from taxpayers is what happens if a B2B Invoice is recorded as B2C?

This can happen because of any of the following reasons:

• Purchaser has not submitted GSTIN .
• Purchaser has submitted GSTIN, but it is not recorded in Accounting System
• Purchaser has applied for GST Registration, but has still not received GSTIN

In this case, an Invoice with GSTIN will be reported as B2C ( Either B2CL or B2CS ) transaction.

Sales Data for July

How to rectify it in subsequent Return?

Scenario 1

In this scenario, Purchaser adds the invoice in their respective GSTR-2. Based on GSTR-2, Seller gets details in GSTR-1A and accepts the same in July itself.

Now July Return will stand amended as follows:

As you can see this results in over reporting of outward supplies as 3 transactions get added to B2B , but correspondingly B2C values are not reduced.

This can be done in the subsequent month.

Aug Return

Based on this the August Liability will get reduced by Rs. 5,400.

Scenario 2

In this scenario, Purchaser does not take any action in GSTR-2 and requests Seller to rectify the mistake in subsequent return.
In the above example, when subsequently out of 10 B2CS purchasers , 3 provide GSTIN, the following steps will have to be taken to give effect.

Aug Return