Dear Sir,
I am a service provider of Consultancy Services. I have taken assignment work wherein the Service receiver has agreed for Total Contract of Rs.15 Lakhs on 07/03/2019 and accordingly given the appointment letter to me. In between of 2022, it was agreed to reduced the Total Contract to Rs.12 Lakhs. I have paid my GST collected amount based on the Invoice raised on Monthly basis. 50% work has been completed.
1. So, how can we reconcile billing between the Earlier Contract and Revised Contract.
2. Can we revised the GST paid on earlier Invoices.
Kindly suggest.
CAclubindia
