Respected Experts
In January 2024 GSTR1 return we wrongly showed EXEMPT supply instead of NIL RATED supply.
How do we rectify it.
Your advice will help me a lot.
Thanks & regards
Eajaz
Menu
Exempt supply instead of Nil rated
Replies (5)
Quick Summary
If you Can not amend the table 8 ( Nil rated , exempted supply) of GSTR 1 in the next month, or no such option to amend table 8, then I think you Can amend only in Table 5 of GSTR9 ( Annual return) . you have to note down this correction till the filling of Annual return.
Whatever mistake you make in GSTR 1 in whole year , you have an option to correct in Annual Return .
In next month GSTR-1 disclose the figures, show amount in nil rated and negative figure in exempted supply
Kindly amend its details in Table 5 of GSTR-9
But better to ammend in next month GSTR-1
Recent Topics :
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
Related Topics :
CAclubindia
