CDNR-AMENDMENT NOT DECLARE IN GSTR-1

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..... CDNR-AMENDMENT NOT DECLARE IN GSTR-1
Query (Issue) Started By: - ABHILASH PANICKER Dated:- 23-5-2023 Last Reply Date:- 28-5-2023 Goods and Services Tax - GST
Got 3 Replies
GST
Dear Sir, In 18-19, we forget to update CDNR-Amendment in Some Invoices (Price Reduction ) in GSTR-1., but we adjust the same in GSTR-3B., (Documents pertaining to CDNR Available with us ) Request you to pleas .....

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..... e guide wether we have recd any notice from GST Deptt for the GAP Between GSTR-1 & GSTR-3B., Reply By Amit Agrawal: The Reply: You need to produce supporting evidences to the effect that recipient had reversed proportionate ITC against your credit-notes (towards price-reduction along-with GST thereon) as envisioned in proviso to Section 34 (2). Considering the failure to disclose these credit-n .....

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..... otes in From GSTR-1, it would be advisable to have strong supporting evidences specially coming from recipient's end (say, supporting CA certificate at the end of recipient of subject credit-notes & supporting ledger statements). This is also subject to a presumption that you have adjusted such tax-amount - while filing From GSTR-3B for the month/s - within the time permitted in Section 34 (2 .....

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..... ). These are ex facie views of mine, the same should not be construed as professional advice / suggestion. Reply By Padmanathan Kollengode: The Reply: Agreed to Amit Ji's views in toto. produce the following:- 1. Copy of the credit note 2. Certificate from CA of recipient to stating that credit pertaining to credit note has been reversed. 3. If you have corrected in GSTR-9, copy of GSTR- .....

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..... 9 Reply By Shilpi Jain: The Reply: There have been a few High Court decisions which have been in favour of the assessees when these kind of errors have happened. So this miss should be considered as a procedural error or mistake and should be allowed to be adjusted.
Discussion Forum - Knowledge Sharing .....

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