Dear Esteemed Members,
I need an urgent help on the below GST Issue.
X1 has purchased goods from Y in June 2018. Invoice was in X1's GSTIN.
But Y has shown that bill in X2's GSTIN while filing his GSTR 1.
(X1 & X2 are same companies having different GSTIN's of different states)
X1 has claimed input credit on the basis of Invoice and X2 did nothing & ignored the credit given in 2A.
So, now X1 has a shortfall of Input Credit in GSTR2A and X2 has a excess of Input Credit in 2A.
Y is not able to rectify this mistake now as it is time barred.
Now how the company X will deal will this error at present.
CAclubindia
