i paid gst on advance received
from a customer in fy 2017-18. forgot to adjust the same after doing invoice next month. total tax paid on full invoice with out adjusting advance. gst amount still with department. how to rectify pls guide me.
Menu
gst paid on advance received from customer not adjusted
Replies (4)
when you issue next invoice to you customer related to advance you deposit to the department in next invoice you can adjust the same
sir ours is machinery the same customer may take or not
I did not unerstand you reply m saying you have 2 option 1 is if you again raise a new invoice to a customer than adjust the invoice with advance and 2 is made amendment in GSTR-1 ( amendment in advance received ) and adjust that advance with your output liability
if u have issued receipt voucher at the time of receipt of advance
now you have to issue refund voucher for the same u/s 31(3)(e) of cgst act,2017
now you have to issue refund voucher for the same u/s 31(3)(e) of cgst act,2017
Recent Topic
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
Related Topics
CAclubindia
