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Amendment of old GSTR-1/-20-21

166 views 6 replies

Andrews Xavier

55 Points Joined June 2019

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)

prasad Nilugal

GST Practitioner & Accounts

15043 Points Joined March 2014

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

28089 Points Joined May 2017

Nature of assesse in regular or composition scheme.

prasad Nilugal

GST Practitioner & Accounts

15043 Points Joined March 2014

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

28089 Points Joined May 2017

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

15043 Points Joined March 2014

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.