composition schemes wrongly
Shahid ali (By you) (25 Points)
09 May 2018when I want file return then I realize that I under composition schemes cant be collect tax
pls suggest me what should I do now
Shahid ali (By you) (25 Points)
09 May 2018
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 09 May 2018
refund tax to the customer.
credit note can be issued with respect to tax invocie along with GST. The taxable turnover is nullified.
Issue fresh invoice (bill of supply) without GST.
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 09 May 2018
discharge the tax liability with interest and also file the return. From next time onwards don't show tax component in your invoice.
Shahid ali
(By you)
(25 Points)
Replied 09 May 2018
john legend
(376 Points)
Replied 09 May 2018
shivani agrawal
(4 Points)
Replied 03 May 2019
Where it has been shown in the GSTR 4, when i issue a credit note to the registered customers, so that they will reverse their input credit.
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