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Can we amend the value of gstr1

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16 Points Posted on 17 July 2021
In financial year 1920 we have uploaded our sell bill GSTR1. But mistakenly put a wrong value. Can we amend it now?
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On 17 July 2021 at 15:02 Report
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CMA
13117 Points Posted on 17 July 2021
No, time limit for amendment is already over.
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On 17 July 2021 at 15:15
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Master in Accounts & high court Advocate
9615 Points Posted on 17 July 2021

A return once filed cannot be revised. Any mistake made in the return can be rectified in the GSTR-1 filed for the next period (month/quarter). It means that if a mistake is made in GSTR-1 of June 2021, rectification for the same can be made in the GSTR-1 of July 2021.

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On 17 July 2021 at 15:17
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STUDENT
1631 Points Posted on 17 July 2021
Check, you are liable to audit u/s 44AB..
Then consult with the auditor and do the best.

Now, you adjust it in the coming months, there is a chance for variation in the turnover figures.
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On 17 July 2021 at 15:29
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16 Points Posted on 17 July 2021
Sir/Madam, I am extremely obliged by the answers given by all of you and it is my fortunate that I am also able to learn more by your great replies. Thankyou
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On 17 July 2021 at 20:29


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