somebody help me out.,
works contract i.e service provider,
last year advances paid(AND Shows Table11A,GSTR1) every month ,
Aug- 3 lakhs
Nov- 4.5 lakhs
Jan- 6 lakhs, Total 13.5Lakhs.
we pay tax every month when we received advance,
3B,GSTR1(Table 11A,B)
now Final invoice rised in March-19 for 13.5 Lakhs single invoice of total advances received.
now my question is..,
where to show invoice in GST1(opposite party want to see in 2A),
and no need to pay tax in 3B-Return(earlier paid).
waiting for reply Thanks in advance
Menu
(works contract)Advance tax adjustments with final invoice
Replies (8)
Show it in advance adjusted and correspondingly in b2b.
No need to pay taxes in gstr3b as it is already paid.
No need to pay taxes in gstr3b as it is already paid.
opposite party want to claim ITC on total invoice value, he asking 2A is not reflecting,
now if we show inGSTR1- B2B then he can see in his 2A,
if we show in GSTR1 liability will be doubled in Annual return..,
now if we show inGSTR1- B2B then he can see in his 2A,
if we show in GSTR1 liability will be doubled in Annual return..,
That is why i am saying to show correspondingly in advance adjusted
Zafar Bhai, there is only,
state selection & Amount available
how can I show invoice details with GSTIN number of others party(so that t will reflects in 2A)
state selection & Amount available
how can I show invoice details with GSTIN number of others party(so that t will reflects in 2A)
You have to do entries at two places first in advance adjusted to adjust the advance received and then you have to enter in b2b
already liability paid shows on yearwise details..,
if I update again in GSTR1 (B2B) then it will double the liability on yearly basis
there will be difference between 3B(No liability) & R1(Whole invoice)...
correct me if I wrong
if I update again in GSTR1 (B2B) then it will double the liability on yearly basis
there will be difference between 3B(No liability) & R1(Whole invoice)...
correct me if I wrong
When you will show in advance adjusted it will show in minus
thanx Zafar Bhai.., now I got it
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
