Amendment of September 2021 Invoice

This query is : Resolved

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A query regarding the amendment of a September 2021 invoice with an incorrect GSTIN, originally filed in GSTR1. The advice given is that the deadline for amendments for the previous financial year has passed (30th November of the following year). The suggested solution is to treat the GST amount as a tax expense. For significant GST amounts, there appears to be no direct correction method with the GST department.

Suryakant Samal

Suryakant Samal (Querist)
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15 November 2024 Dear Sir/Madam,

An invoice was issued in September 2021 but mentioned wrongly GSTIN of another party in GSTR1 September 2021, can we amend that invoice with right GSTIN in October 2024 GSTR1.

Kindly advise on how to adjust the Input Tax Credit (ITC), as this mistake has resulted in a cost to us.

Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 November 2024 No, The cut-off date to amend details in the invoices for the previous financial year is 30th November of the following financial year.
Charge it as taxes and duties expenses.

Suryakant Samal

Suryakant Samal (Querist)
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15 November 2024 Thank you.

If the GST amount is in lakhs or crores, is there any way to correct the invoice with the GST department or elsewhere?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 November 2024 No way to my knowledge goes.

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