Dear Sir,
As per the Invoice that we make physically the Contents are as follows
Taxable Value
+ GST
= Amount before TCS
+ TCS on Sale of Goods
=Total Invoice Value
As per Filing GSTR 1 In table 4 we use to file Amount before TCS as our taxable value as we do not consider TCS as its part direct taxation.
But since the client is started to make E- invoice so what is reflecting in GSTR 1 Table 4, the total Invoice value which includes TCS.
So my query here is that what should I do, change the details in table GSTR 1 TABLE 4, as the detail are wrongly includes TCS in Total Invoice Value.
Please help with this situation as while creating E Invoice client has taken Total Invoice Value which includes TCS.
Dear Mohit
In GSTR 1 under table 4 ,you can provide total invoice value including TCS. yes the taxable value + GST will not get tally with Total Invoice Value therein but it hardly matter.
CAclubindia
