Dear All,
Good Afternoon 🌅
I had forgotten to share an invoice to my vendor which is for Mar'20 of Rs. 200,000+ GST and now I have share this invoice to vendor but they are not accepting it & they said give us same invoice in current date.
On above issue I have below Solutions please let me know.
Three actions I am thinking to take for this issue
GSTR-1 :- Amend this invoice with zero value of Revenue & Tax in current GSTR-1 or issue credit note against this invoice.
Books of Accounts :- Reverse this invoice in March-20 as our books yet not finalized for ITR
GSTR-3B :- Same revenue & tax less in coming 3B return and make payment.
Does above solution legally right or wrong ??
This is my humble request please suggest what should I do instead of above solution.
CAclubindia
