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Amendment of old GSTR-1/-20-21

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Andrews Xavier

64 Points Posted on 06 September 2021

Dear sirs/madam,

I have filed GSTR1 for the month of
Nov. 2020, but one invoice related
to B2B was shown as B2C and recipient
did not get the credit of tax. Is it possible
for me to rectify along with GSTR-1 of
this month. Please reply.

Andrews from Cochin, Kerala

Replies (6)

Quick Summary

A taxpayer filed their GSTR-1 for November 2020 but mistakenly reported a B2B invoice as B2C, preventing the recipient from claiming tax credit. The discussion confirms that this error can be rectified in the current month's GSTR-1 filing. However, the recipient must claim their Input Tax Credit (ITC) by September 2021, provided all conditions under the CGST Act are met and the credit isn't blocked. Interest may apply if the tax wasn't paid via GSTR-3B in November 2020.

prasad Nilugal

GST Practitioner & Accounts

9000 Points Posted on 06 September 2021

Yes , You can rectify in this month , however last date to rectify is date for furnishing of return for the month of September 2021 .If tax was not paid through GSTR3B in November 2020 , then interest is applicable.

sabyasachi mukherjee

Profession

19978 Points Posted on 06 September 2021

Nature of assesse in regular or composition scheme.

prasad Nilugal

GST Practitioner & Accounts

9000 Points Posted on 06 September 2021

Dear
@ Sabyasachi Mukherjee

Composition dealer can not file GSTR1 and not applicable to him , he file quarterly CMP 08 . So what Xavier has mentioned is regular Tax payer , and for regular tax payer can rectify till return for the September month .

sabyasachi mukherjee

Profession

19978 Points Posted on 06 September 2021

I know composition dealer cannot take Input tax credit.
This has been created to bring into the tax ambit .
He has not mentioned turnover .
You are missing out something.

prasad Nilugal

GST Practitioner & Accounts

9000 Points Posted on 06 September 2021

Yes , time limit for receipent to take Input tax credit also September 2021 , subject to fulfillment of conditions in section 16(2) of the CGST act 2017, and credit should not be under block credit as per section 17(5) of the CGST act 2017.