if an invoices is amended and revised GST amount is greater than original invoice's Gst amount shown .can we pay excess amount and please suggest procedure for adjusting that excess amount if paid?
for example-
original invoice:
Taxable value-Rs 100
Gst @ 5% - Rs 5
Revised invoice :
Taxble value- Rs110
Gst @ 5%- 5.5
excess GST to be paid - Rs 0.5
please suggest the solution???????
In GSTR-1 only output details will be given. Setoff and payment will be done through GSTR-3, since GSTR-3 which is not yet made applicable.
In this case, you have just increase liability in GSTR-3B of following month and pay using credit or cash
CAclubindia
