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TMI BlogB2b sales considered as B2c in GSTR-1 - How to rectifyX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 - Reply By Himansu Sekhar - The Reply = 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. - Reply By YAGAY and SUN - The Reply = We are in agreement with as whatever is stated in FAQs. However what is the legal sanctit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y 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. - Reply By KASTURI SETHI - The Reply = 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 leg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al backing as opined by M/s.YAGAY And SUN, Sirs. - B2b sales considered as B2c in GSTR-1 - How to rectify - Query Started By: - Pnm Mohammed Dated:- 8-6-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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