Bill was inflated by adding GST RATE twice

246 views 1 replies
Sir, In the last month my friend has charged the tax for two times...
Actual Bill to be raised was 280/- ie taxable value 218.7/- Rate 28%, but unknowingly he charged the tax on 280/- which was Actual invoice value that was overvalued to 358/- after adding tax @ 28% , the same has done to 20 bills I filed the return for the last month.. but the above explained situation has known to me for this current month. the input was utilised for these wrong bills.. How to account this in GST.??.. kindly response me ..
Replies (1)
Told to friend to issue credit note of amount collected excess and based on it you will have to reversed ITC if claimed excess otherwise no need to reversed.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details