in last quarter, we billed our client for the services an amount of Rs. 600000. Services were not availed fully so he rejected the bills. By this time, we already filed the invoices in GSTR 3B for October month. after the bills were cancelled, I asked the ca to cancel the bills in gst. he said he will not file these invoices in GSTR 1 and thus they will stand cancelled...and he did the same but did not issue credit note to the client.
secondly, when I told client that I have cancelled the bills in gst, he said he has already filed the invoices.
Now my query is these bills were in GSTR 3b, not mentioned in GSTR 1 in December and client said he has filed the bills. please tell me did my client get the itc and if not, then how can I get the refund of the tax paid for the bills which were cancelled when no credit note was issued.
please help professionals.
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Regarding GSTR1 AND CREDIT NOTE
Replies (3)
Firstly, your client will not get the ITC for the service which was not given by you and since bills were rejected by your client it means cancelled and for that you have not mentioned it in your GSTR 1 for that quarter.. but you could have mentioned the cancelled bill in Document column in gstr 1 for more effectiveness...,now u do the working of tax on outward supply/services for the year minus eligible ITC and find out actually liability minus tax paid through GSTR 3B.., if the payment is more than your liability then apply for refund but make sure u keep all the bills issued and working nicely
@ Mr Prachi Gaurav Sharma.,
If You are not filed Your GSTR 1 return then You cancel the bill...
In Your next (current) GSTR 3B return You less the amount in current sales/service values...
Matter is simply solved...
No need to worry...
If You are not filed Your GSTR 1 return then You cancel the bill...
In Your next (current) GSTR 3B return You less the amount in current sales/service values...
Matter is simply solved...
No need to worry...
@ Mr. Raja....we have filed the GSTR 1 in january, did not upload these bills neither issued any credit note for the same to the client..
my worry is how to check whether I got the refund of my tax or not...
my worry is how to check whether I got the refund of my tax or not...
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