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Error in bill

Jyoti Narang (Kkk) (1203 Points)

02 November 2020

if any bill is issued but sale is not executed of august mth and r1 is not filled for the quarter but entered in 3b of august mth2020 now what can be done with it.it can be reduced from sale of 3b of september mth if its pending and from r1 that bill is not to be entered.

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5 Replies

JATINDER KUMAR (Accountant) (3662 Points)
Replied 02 November 2020

You can reduce sale amount in September month return

Need to prepare credit note for reverse entry and report in GSTR 1

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Jyoti Narang (Kkk) (1203 Points)
Replied 02 November 2020

But gstr1 for quater ended sep is not filled so the same bill is not entered and no need to issue credit note for the same. m i right.

JATINDER KUMAR (Accountant) (3662 Points)
Replied 02 November 2020

You are required to prepare credit note then reverse entry and report in GSTR 1

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Jyoti Narang (Kkk) (1203 Points)
Replied 02 November 2020

But y to issue credit not as sale is not done no invoice is issued not reported in gstr1 as not filled gstr1 for september quarter.

JATINDER KUMAR (Accountant) (3662 Points)
Replied 02 November 2020

Due to Bill already issued according to your query

How to reverse transactions

please clarify Invoice cancel by you

if yes, no need to prepare credit note

only reduce sales in next month return