Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Amendment of nov2019 invoices in jan2021

236 views

Save Share

Join Us Follow Us Add as Source

jagan

26 Points Posted on 11 March 2021

if I amended nov2019 sales invoices in jan 2021 GSTR-01. can I get tax benefit on those invoices?

Replies (2)

Quick Summary

This discussion explores the possibility of amending November 2019 sales invoices within the January 2021 GSTR-01 filing. It questions whether tax benefits can be claimed in such a scenario. The response indicates that if the taxable value is reduced, the GSTR 3B payment will automatically adjust downwards, but notes that such amendments might not be legally permissible.

Kumar Sushank

General Manager - Finance

1040 Points Posted on 12 March 2021

If you will amend Nov 19 sale invoice and taxable value would be lesser than previous then you will have to less pay in Jan GSTR 3B, It will be auto calculate.