ERROR IN ENTERING DEEMED EXPORT INVOICE

[SURYAKANT MITHBAVKAR]

We had supply under deemed export in month of Oct-17 under notification No. 40/2017 GST Rate is 0.10%.

While entering data in GSTR1 we have entered the same bill in B2B under 18% while editing amount of tax and manually entered @0.05 in CGST & @0.05 in SGST instaed of selecting Deemed Export option.

We have already filed the return.

Now how we will corrected the same transaction in future.

[KASTURI SETHI]

There are chances of 'Reset' facility to rectify such error. You have to wait for.

[Kishan Barai]

In billing also info of tax has to be changed, better to all all three in once in Bill, portal at moment only provide refund of IGST

[YAGAY and SUN]

Such returns can be modified/altered in next months' returns. This is the unique feature of GST Laws.

AI Summary

Deemed export correction: GSTR 1 entry errors can be amended in subsequent returns; verify reset or refund options.
An entry error in GSTR 1 recorded a deemed export as a regular B2B supply with CGST/SGST instead of selecting deemed export; the return was already filed. Corrections can be made by amending subsequent returns, possibly using a portal reset facility, and by correcting the billing information; the portal presently provides IGST refund options in some cases.