Recovery against incorrect GST paid in vendor invoice

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Hi All,

I have to pay some amount against vendor as charges on foreclosure. These charges were inclusive of GST.

Now I have made the payments Charges with GST. So I have to make an recovery against GST amount.

How should I raise the the credit note to set off incorrect gst amount, Input credit and incorrect expense off.

This is an case of NBFC.

Example:

Total amount to be paid was 183,169/- (inclusive of GST)

Incorrect GST paid : 32,970.00/-

So I have to make an recovery of 32,970/-.How should I raise the credit note.

Please suggest.

 

 

 

Replies (5)
Are you employee of NBFC ?

OR

Customer of NBFC ?
Whether invoice was raised correctly or not???

I am a employee in NBFC

Invoice was raised incorrectly by vendor. As per the payment terms vendor has to bear the GST. So my company is not responsible to pay GST to the vendor.

Please explain your situation completely

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