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GSTR-1. B2B invoice addition, Goods and Services Tax - GST |
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GSTR-1. B2B invoice addition |
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Can the Total invoice value of the B2B invoice in GSTR-1 be lesser than the taxable value of the invoice? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
In our view it cannot be.
I concur with the views of M/s.YAGAY and SUN, Sirs. Total invoice value includes the element of tax also. Moreover, invoice value includes the value of exempt/nil/zero rated also. Hence total invoice value cannot be less than taxable value. Suppose, if it is less, something must be wrong in many aspects. Page: 1 Old Query - New Comments are closed. |
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