9911796707
TMI BlogNEGATIVE FIGURE IN GSTR1X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sirs, The B2C outward supples declared in GSTR-1 for the month of March 2022 was Rs. 4.00,30,000/-. There was no supply for Rs. 82,60,000/- due to un avoidable reasons. We have filed income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax return for corrected turnover. Otherwise there will be mismatch between income tax and GST portals. Credit note is issued for the same.We are amending the GSTR-1 , resulting in Negative figure in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GSTR-1 . Is it allowable if not what is remedy? Can we file GSTR-3B with revised figures? - Reply By Ganeshan Kalyani - The Reply = In my view, B2C accepts negative figure. So you can try an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d amend with correct amount. - Reply By PAWAN KUMAR - The Reply = Dear sir, As per my view you need to report the credit note in GSTR-1 during the month in which these were issued. If you misse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to report, you may report in next tax period also. Accordingly adjust your GSTR-3B return of the same tax period. By this way you may adjust. - NEGATIVE FIGURE IN GSTR1 - Query Started By: - KE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RAGODEGOPALARAO ANANTHARAO Dated:- 24-11-2022 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
