hi any one please help me out in the month of Feb 2020 I had submit the GST later come to know in the month of july bill was not recorded int the ledger of party hence then cancil the invoice without any confirmation
what to do now?
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Wrongly submitted the GST
Replies (5)
Quick Summary
Bill cancelled is Purchase bill or its sale bill?
You cancelled the bill or opposite party cancelled the bill?
You cancelled the bill or opposite party cancelled the bill?
It's a transportation invoice
If it's transportation bill relating to expenses got cancelled, than you have to reverse the Input tax credit taken in month of feb 2020 in your current GSTR 3b return
It's service of truck provided on monthly basis and GSTR 3B return also files
Ok, if transportation service is provided by you ..and you already shown that invoice as output tax liability in GSTR 3B and In GSTR 1, and afterwards that invoice got cancelled, than you can do amendments in invoice in current GSTR 1 and also reduce the output tax liability in current GSTR 3B up to September 2020 return
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