Situation 1.Mr. X sell the product Rs.150000+18% GST but actual rate pf GST 12% how to solve this issue?
Situation 2.Mr. X sell the product Rs.150000+12% GST but actual rate pf GST 18% how to solve this issue?
In situation 1. and 2. How to report this in GSTR 1 and GSTR 3B? in this case only change in tax amount not for taxable value? but gstr 1 how to report tax amount only?
First query Best way amend the invoice in GSTR-1 and issue fresh correct invoice with the same invoice number. Alternatively you can also issue a credit note
Second query again you can go for correction or you can issue a debit note. In this case you will also have to pay interest
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