We are a Private Limited company. We need some clarification in GST. We have paid GST for the advance received from clients and adjusted the same while raising the Tax Invoices. But the query is in some
months we have not shown the Advance adjustment in the particular column in GSTR-1. But in GSTR-3B, we have shown the value correctly and paid the actual tax. Is there any issue in the above and any rectification to be made?
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Clarification in difference between GSTR-3B and GSTR-1
Replies (4)
Yes, this might be lead to litigation. you need to correct this mistake in following months return.
thanks for valuable reply. Please note that these transactions are related F.Y.2017-18. please advise sir
you can correct your mistake of Fy2017-18 till the return of March 2019 as per council meeting outcome.
Ok sir thanks a lot
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