How to revise HSN for a revision?

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This discussion addresses how to correct an underreported turnover of approximately 1 lakh in December 2022 for GST purposes. Since HSN itself cannot be directly revised on past invoices, the recommended solution is to issue a debit note with GST for the underreported amount. This debit note should then be included with the January 2023 GSTR filing, effectively adjusting the HSN for the underreported period.

Guest

Guest (Querist)

09 February 2023 Around 1 lakh turnover was reported less in December 2022 by mistake and the invoice is to be revised in January 23. Where shall the HSN effect to be given as there is no HSN revision. Is it ok to add the last month underreported HSN along with this months HSN?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 February 2023 Issue debit note with GST and add it in January GSTR.

Guest

Guest (Querist)

09 February 2023 Thank you sir. Adding in January 23 HSN is the only way out. Is it ok to revise the btob invoice issued in December 22 instead of issuing a debit note?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 February 2023 Yes, add in January.
Invoice once issued can't be revised only debit/credit note can be issued.

Guest

Guest (Querist)

09 February 2023 Thank u sir. Will issue a debit note to the effect and add it alongwith January 23 HSN.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 February 2023 You are welcome...
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