Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Gstr-4 filing query.

kaur (accountant) (32 Points)

10 September 2018

Hi... I have filed GSTR-4 with wrong details like 65lacs sales with 12% GST & opposite party has claimed ITC on that. How can I rectify this ? Please Help...

Reply
Follow
Share

9 Replies

Vinod Babu (24191 Points)
Replied 10 September 2018

Gstr 4 is for composition dealer. So no gst will be charged.
Please confirm that you are composition dealer or regular dealer ?

Upgrade to CAclubindia Pro. Subscribe Now!

Pranjali (intern) (2216 Points)
Replied 10 September 2018

You can file the next GSTR4 by amending the previous mistake.

1 Like

kaur (accountant) (32 Points)
Replied 10 September 2018

Yes, You are right, He is composition dealer & by mistake he has filed GSTR-4 with 12% GST. & opposite party has claimed ITC on that. So how can i rectify this ?

kaur (accountant) (32 Points)
Replied 10 September 2018

Thank you.

But amendment is only option ?

Vinod Babu (24191 Points)
Replied 10 September 2018

Tell the buyer to reverse the ITC.
Also convenience him that you are composition dealer, so ITC cannot be claimed.
You issue a revised bill with only sales amount without gst amount to them.

2 Like

Upgrade to CAclubindia Pro. Subscribe Now!

kaur (accountant) (32 Points)
Replied 12 September 2018

Thank you Pankaj Sir.

ABHIJIT MANNA (ACCOUNTANT) (447 Points)
Replied 12 September 2018

I have a question about that if he is a composite dealer he never charged GST to his Invoice bill, so how he charged seperately to party or it was his first invoice or what? how this type mistake was happen, don't mind, just a quiry

(Guest)

You can rectify in next month.

Vinod Babu (24191 Points)
Replied 23 September 2018

Composition dealer are not liable to collect tax from the buyers.
The seller mightt have been regular gst registration. So they might have charged gst in such case