B to B sale invoices in GSTR-1

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If you've incorrectly reported B2B sales invoices as B2C in your GSTR-1 filing for FY 2020-21, you can amend your GSTR-1 to correct this. The process involves removing the erroneous B2C entries and reclassifying them as B2B transactions in your next filing. Importantly, you won't incur any additional tax liability as the tax was already paid on these transactions when they were classified as B2C.

Siba Prasad Sarangi

Siba Prasad Sarangi (Querist)
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12 April 2021 Dear Sir/Madam, Please help me know how to get rid of if all B to B Sales invoices have been shown in B to Cs in GSTR-1 for the FY-2020-21.

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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12 April 2021 You need to remove B2C entries and add all those as B2B transactions in the next GSTR1 that is due to be filed.

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Siba Prasad Sarangi

Siba Prasad Sarangi (Querist)
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12 April 2021 Can filed GSTR-1 be modified online now? What to do with the tax amount already paid for B to C entries earlier? Please reply.

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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12 April 2021 You can amend GSTR1. Now there will not be any additional tax liability as you have already paid tax on B2C transactions. B2C transactions are now being amended as B2B transactions.

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