Regarding amendment in Invoice
This query is : Resolved
21 August 2020
Dear all
We have paid godown rent to owner which we have taken for business.
Now we have reduced his rent from April 20.
Now problems is that he has paid gst on higher amount from April 20 to Jul 20 for which we have taken input credit. Please guide me can he amend bills from April 20 to Jul 20 and how we have to pay excess gst credit
We have paid godown rent to owner which we have taken for business.
Now we have reduced his rent from April 20.
Now problems is that he has paid gst on higher amount from April 20 to Jul 20 for which we have taken input credit. Please guide me can he amend bills from April 20 to Jul 20 and how we have to pay excess gst credit
21 August 2020
The landlord can issue the credit note with GST for the excess billing done.Based on this credit note you have to reverse the excess ITC to the extent of GST shown in the Credit Note.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- LIC maturity claim whether taxable
- Journal entry of busniess expenses
- GST Rate for Catering Services
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
