The liability effect on differencial GST by amending B2B

[Vasudevan Durairaj]

Can anyone explain that how the differential effect will fall on liability when amending an invoice GST value ( by changing rate of GST)

Say for example. An invoice of Oct-17 has been charged with 28% wrongly instead of 18%, In Jan 18 ,I have given a credit note to the customer for the GST value difference

How can I show this in GSTR 1 .. Can it be shown in B2B amendments...? Will it be ok at par with GSTR 3B Jan 18 in which I had taken only tax effect and not on taxable value since the difference is only on rate of GST..

Can anyone explain the practicality on this matter...??

AI Summary

How to Adjust GST Liability for Invoice Errors: Using Credit Notes in GSTR-1 and GSTR-3B under CGST Act A user in a discussion forum raised a query about handling differential GST liability when amending an invoice due to a GST rate error. They provided an example of an incorrect 28% rate instead of 18% and issued a credit note for the difference. The user asked about reflecting this in GSTR-1 and its alignment with GSTR-3B. Responses clarified that under the CGST Act, a credit note can adjust tax liability, but it must relate to both tax and taxable value. The discussion highlighted differences in handling B2B versus B2C transactions and emphasized compliance with advisory guidelines.