GOOD NEWS: B2B CLASSIFIED AS B2C CAN BE AMENDED

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GOOD NEWS: B2B CLASSIFIED AS B2C CAN BE AMENDED

September 2018 is the last month to avail Input tax credit of Financial year 2017-18. There are many instances where many B2B transactions were classified as B2C, also there was no way to amend the same. Now we can amend wrong classification of B2 as B2C.

Procedure to amend B2C as B2B is as follow:

  1. After Login in to GST portal, select GSTR 1 for the month of September
  1. Click on Table 10 – Amendment of B2C (Other)

  1. Select the month which is to be amended.

  1. After clicking on “Amend details”, screen below will be displayed. You have to reduce the taxable value and tax to the extent of increasing B2B.

  1. Now you need to add invoice details with receivers GST number in Table 1 – B2B in addition to current months invoices.

7 COMMENTS

  1. While Updating B2C to B2B Invoices in Sep’2018 GSTR1, Is the portal will accepect Previous Month’s Invoice Nos and Invoice Date in B2B?

    Need your clarification
    Thanking You
    Srikandan S
    Chennai

  2. hello sir, i have putted a wrong bill (b2cs bill entered as b2b)
    how to edit it and ammend it
    return month jan to mar 2017

  3. Sir, portal is with full of glitches. Please confirm whether ACT is permitting or not. Any circulars/notifications/e-filers issued in this regards. This may lead to consequences and you need to satisfy all the officers and be ready to face notices.

  4. Amend detail option is blocked and I’m not getting the month I need to modify rather it’s showing only August and September of 2017-18.

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