Venkatesan Ramanujam (123 Points)
06 September 2017
anonymous
(student)
(750 Points)
Replied 06 September 2017
Pranoti Punmiya
(Data Analyst)
(158 Points)
Replied 06 September 2017
At present GST portal does allow to amend invoices, As per GSTN, amendment option will be available in future.
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Pranoti
Octa GST - Free offline desktop application to file your GST returns
Manoj Agarwal
(23 Points)
Replied 07 September 2017
Pranoti Punmiya
(Data Analyst)
(158 Points)
Replied 07 September 2017
Adarsh S
(self employed)
(37 Points)
Replied 25 September 2017
Our accountant shown b2b sales as b2c sales mistakely. how to rectify it. is any adittional tax liability arise purchaser modify their gstr2? please reply
Pranoti Punmiya
(Data Analyst)
(158 Points)
Replied 25 September 2017
If buyers add those invoices in their GSTR-2, then you will have to accept and your tax liability will increase.
GSTR-1 allows you to amend B2C tax liability of earliar months, but GST portal is not ready with this feature. GSTN has not published any timeline for amend feature yet.
I recommend you to use OCTA-GST which has inbuilt GST rule engine and reports invoices in approriate GSTR-1 sections to avoid such human mistakes.
Octa GST - Free offline desktop application to file your GST returns
Adarsh S
(self employed)
(37 Points)
Replied 25 September 2017
Thank you for the reply. And you means i will pay tax if the purchaser add invoices.is there is any possibility to reconcile b2b with b2c?
Pranoti Punmiya
(Data Analyst)
(158 Points)
Replied 25 September 2017
Because, you can't reject purchaser uploaded invoices, If you reject, then mismatch report will be generated. There is no way to reconcile B2B & B2C invoices. These will done only through amendments. See GSTR-1 Table 10 for more details.
Octa GST - Free offline desktop application to file your GST returns
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