hi, we have two different companies, but our suppliers are common in these two companies, we wrongly enter one company's purchase bill in the second company and take the benefits of input.
for correcting we need to issue a debit note or what.
or anyone suggests the right way to do this.
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Purchase bill.
Replies (5)
Quick Summary
You can reverse input for next month (one company) & claim input for second company in the next month
For reverse, do we need to arise debit notes?
No, You can reverse ITC from GST Portal & This bill delete from first company & enter this bill orginal eg: second company & claim itc
From amendment table ??
Itc not claimed for one company, gstr 2a not reflected the same.if it claimed by u in the name of another company, it will be reversed by way of cash paid ,while filing gstr 3B as ITC reversal.
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