Dear Sir,
kindly advise to me We are supplier of Marble cut piece and we have 2 firm. In first firm We have full stock.We sale the cut pieces to debtor's and debtor' has release the payment.but due to some mistake We have issued the invoice from 2nd firm in which we don't have any stock.I n books of account stock are showing nagtive(tally) We also filed GSTR-1 please suggest how to match stock in books.
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Invoice issued from wrong firm
Replies (2)
The firm (F1) in which stock is, issue invoice to the firm (F2) in which there is no stock in the same date or one day before the date on which wrong inv was issued.
File GSTR1 and GSTR3B of F2 next month with itc (of F1 inv) also, therefore there will not be any liability to tax. therefore no intt for delay in payment of tax.
In F2 you can take ITC of F1 inv in current month.
you have to file GSTR1 and GSTR3B of F1 before you file GSTR1 and GSTR3B of F2.
It all should be before due date of GSTR1.
Thank you Very much Respected Anil Jain Sir,
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