as per our sales vs gstr3b correct, but gstr1 wrongly reported. if different from gstr3b vs gstr1, we have to pay any taxes on that?
example: as per book gst payable 124000 and gstr3b also same, but gstr1 is shown 142500 because we have entered some invoice doubles. now I am unable to amendment, shall I have to pay different taxes or any other way to avoid this.
5 Replies
Satyajit Patnaik
(4 Points)
Replied 29 September 2020
Next month u can do Amendment that doubles Bills can do 0
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 September 2020
Which FY...?
If it's current FY then prepare Credit note and reduce Your tax liability...
If it's current FY then prepare Credit note and reduce Your tax liability...
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 29 September 2020
You can rectify/cancel that bill in current GSTR1 through "Amendments column". Put value as"Zero" in bill which you want to cancel.
If bill is relating to F.Y 2019-20, than you have to do all this in September, 2020 or earlier GSTR 1 but on or before 20th October, 2020.
If bill is relating to F.Y 2019-20, than you have to do all this in September, 2020 or earlier GSTR 1 but on or before 20th October, 2020.
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