fresh invoice of Gst

175 views 2 replies

CHANDAN ARORA

Service

30 Points Joined January 2012

hi everyone ! one of my friend is working in a xyz co. A service was provided to his company in August on which appropriate amount gst was also charged on the bill value but he forgot to book the bill until now. Both his company and supplier of service have already filed their respective gst return for the said month. What remedies does he has right now so that his bill could also be booked and party payment could also be settled and appropriate amount of itc could also be taken. pls provide ur suggestions quickly.

Replies (2)

Deep Shah

28 Points Joined September 2012

There's no revision of returns possible in GST. Hence, book the invoice in current month and take credit accordingly. Once the supplier files his GSTR-1, you can mark it as pending in your GSTR-2 for the actual month of invoice and claim credit of the same in current month by accepting the invoice in GSTR-2 of current month, Hope this was answers your question

Thanks

CA Deep Shah