GST adjustment
This query is : Resolved
Quick Summary
Hemchand Kohli
(Querist)
25 August 2020
Our client service provid to government and sometime bills is less passed for eg.
Bill issued to Government department 100,000 + GST 18,000 = 118,000/-
but when payment received after two or three months payment is received only 75,000+GST. How to adjust this deduction made my govt department in GSTR-1 and 3B. As client already paid GST to the department month wise.
Bill issued to Government department 100,000 + GST 18,000 = 118,000/-
but when payment received after two or three months payment is received only 75,000+GST. How to adjust this deduction made my govt department in GSTR-1 and 3B. As client already paid GST to the department month wise.
Lekhraj sood
(Expert)
25 August 2020
You need to issue credit note with GST for the deduction amount when you receive the payment.
Hemchand Kohli
(Querist)
26 August 2020
Thanks sir, But Government Department do not take credit notes, it can only be for accounting purpose in clients records.
Gokul Sharma
(Expert)
26 August 2020
issue credit note to dept....why you will pay higher gst
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