Hello everyone,
Is it possible for amend b2c supply of April 25 to B2b supply in July 25 GSTR1 , April to June gstr1 and 3b already filed. Invoice is b2c small. Turnover is above 10cr. E invoice is applicable in company. Plz suggest as per new rule for 30 days time limit of e invoice generation. I ask this because on portal option is available for amend supply details for FY 24-25 and FY 25-26. Plz tell me urgent as early as possible.
In GST, amendments to GSTR-1 can be made for certain details, but there are limitations and time frames. Given that April to June GSTR1 and 3B are already filed, amending the supply type fro B2C to B2B might be challenging.
The GST portal does allow amendments for certain details within a specific timeframe, typically for a limited period after filing. Considering the new rule for a 30-day time limit for e-invoice generation and the fact that you've already filed for April to June, it's crucial to check the GST portal's options for amendments for FY 24-25 and FY 25-26.
I would suggest checking the GST portal or consulting with a GST professional to understand the feasibility and implications of amending the supply type from B2C to B2B in this scenario, especially considering the turnover is above 10 Crores and e-invoicing is applicable. Urgent action might be needed based on the portal's options and GST rules.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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