Made GST Returns and Payment for wrong sister company
This query is : Resolved
manjunatha
(Querist)
07 September 2022
We have 2 sister pvt ltd co
For July Month's GST Return we made gst return and payment for 1st company.
For July Month's GST Return we have not made any return for 2nd company.
However later on we came to know that those sales were actually related to 2nd company.
Can we file in company 1's August GSTR1 with amendment saying all July month invoices is nil and make a sales entry to 2nd company in order to transfer ITC to 2nd company.
And then file GSTR1 for July month for 2nd company with sales invoice data as ITC will be available?
For July Month's GST Return we made gst return and payment for 1st company.
For July Month's GST Return we have not made any return for 2nd company.
However later on we came to know that those sales were actually related to 2nd company.
Can we file in company 1's August GSTR1 with amendment saying all July month invoices is nil and make a sales entry to 2nd company in order to transfer ITC to 2nd company.
And then file GSTR1 for July month for 2nd company with sales invoice data as ITC will be available?
CA R SEETHARAMAN
(Expert)
07 September 2022
Yes do amendments and filing as proposed.
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