GSTR-1 for July, 2017 filed wrongly. B2C table filled instead of B2B

[NageswaraRao Sripada]

GSTR-1 for July, 2017 already filed. But the return was wrong as Invoice data wrongly fed as B2C instead of B2B. The receivers are making it a fuss as the invoices are not reflected in their GSTR-2 or 2A. I understand that there is no provision to revise the GSTR-1 already filed. Will it be sufficient if CREDIT NOTES are issued now (in November, 2017) for all the outward supplies (invoices) in July, 2017 and show the details of such credit notes issued, when GSTR-1 for August, 2017 is filed. Is there any other way to satisfy the receivers who are not releasing the payments as of now. I invite your valuable suggestion please.

AI Summary

User Corrects GSTR-1 Error from B2C to B2B for July 2017; No Financial Loss Ensured with Provisional ITC. A user mistakenly filed GSTR-1 for July 2017 under B2C instead of B2B, causing issues for recipients as invoices didn't appear in their GSTR-2 or 2A. Since GSTR-1 cannot be revised, the user considered issuing credit notes in November 2017 and adjusting in the August 2017 return. Respondents suggested correcting discrepancies in the August return, using provisional input tax credit, and possibly reflecting changes in GSTR-1A. They assured the user that no financial loss would occur, emphasizing the procedural nature of the correction. The user expressed gratitude for the advice received.