GSTR1 Amendment

321 views
User Avatar

Secretary
44 Points Posted on 17 March 2021

Sir/Madam,

Purchase return was mistakenly written as sales in gstr1 of January. he hasn't yet filed gstr1 of feb. how can he rectify the  mistake.

Plz help

Thanks in advance

 

0 Reply Share Follow
On 17 March 2021 at 19:49 Report
Replies (2)
Quick Summary
This discussion addresses how to correct an error in GSTR1 where a purchase return was incorrectly reported as a sale in January. Since GSTR1 cannot be revised after filing, the recommended solution is to amend the GSTR1 B2B by marking the invoice as zero. The correction should then be reflected in the subsequent GSTR1 filing for the next period, effectively rectifying the initial mistake.

User Avatar

Consultant
135 Points Posted on 18 March 2021

Hi,

Amend GSTR-1 B2B Make the invoice 0 and give necessary effect in GSTR-3B as well.

Reply
On 18 March 2021 at 10:33
User Avatar

BUSINESS DEVELOPMENT MANAGER
1697 Points Posted on 18 March 2021

A return once filed cannot be revised. Any mistake made in the return can be rectified in the GSTR-1 filed for the next period (month/quarter). It means that if a mistake is made in GSTR-1 of December 2020, rectification for the same can be made in the GSTR-1 of January 2021

Reply
On 18 March 2021 at 11:06

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Tempsens Instruments IPO GMP Allotment Listing dat
  2. Upload Type - Correction. Not showing in TDS filli
  3. Partnership tax audit query
  4. ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
  5. Form 146 foreign remittance us citizen
  6. GST 16(2) notice
  7. Which GSTR-1 upload error do you hit most often?
  8. Need advice regarding accounting fees
  9. Is it possible to get a refund for an accidental o
  10. ITR-3 Section P&L - speculative income - no bo

More recent discussions | Post

Related Topics :

Loading