B2b sales considered as B2c in GSTR-1 - How to rectify, Goods and Services Tax - GST

[Pnm Mohammed]

We have filed GSTR-1 with a particular invoice as B2C instead of B2B and would request you to kindly advice how the same can be rectified so that the recipient can take the input credit.

Thank you in advance

Posts / Replies

[Himansu Sekhar]

FAQ

Q. It is envisaged that many customers may not provide the GSTIN to the Banks in time. In such cases the
Banks / insurers would report the supply as B-to-C transactions in the returns filed by it. Later, in case the
customer reverts with the GSTIN, how should this amendment be reflected?

Ans: A transaction once reported as B2C cannot be amended later to add GSTIN and convert the transaction as B2B.

[YAGAY and SUN]

We are in agreement with as whatever is stated in FAQs. However what is the legal sanctity of this FAQs. In our view, since GST is in nascent stage, such mistake should waived off and if not a writ petition must be filed.

[KASTURI SETHI]

In case GSTR 2 and GSTR 3 are abolished, you may get an opportunity to revise GSTR 3B. Govt. may further simplfy the procedure of filing returns. So the querist should be hopeful. It is also a fact that FAQs have no legal backing as opined by M/s.YAGAY And SUN, Sirs.