I issued invoices for services of renting of motor cycle. I charged gst @ 5% in invoices from April 19 Till date. But now i get to know that gst rate on same is 18%.
now i want to rectify the same. please let me know the procedure
Menu
Wrong Tax Amount charged in Invoices
Replies (3)
Issued Revised Invoices.
Amend those invoices into GSTR-1
pay additional liability.
Amend those invoices into GSTR-1
pay additional liability.
Yes... I agreed with Mr Anup Agarwal.
@ Mr CA Anand Hurgat.,
Go to amend the details in Your next GSTR 1 return and issue Revised/supplementary invoice to Your customers...
Note : Interest is applicable for excess liability.
@ Mr CA Anand Hurgat.,
Go to amend the details in Your next GSTR 1 return and issue Revised/supplementary invoice to Your customers...
Note : Interest is applicable for excess liability.
Thanks Gentleman....
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
