Cancellation of Invoice

[Venukumar HJ]

We have raised invoice in the month of November 2017 against original purchase order and filed GSTR 3B and GSTR 1. During February 2018 original PO cancelled and new PO issued. Now, the invoice raised to be cancelled. How to show cancelled invoice in GSTR 3B and GSTR 1?

[Ganeshan Kalyani]

The cancelled invoice can be disclosed in the credit note report of the Feb 2018 month GSTR1 by giving reference of the invoice raised in the month of Nov 2017. Further, the new invoice generated in the month of Feb 2018 can be shown in B2B table if the customer is registered. otherwise the same can be given effect in b2c table .

[YAGAY andSUN]

You may also revise the invoice as there is a specific provision in GST Laws.

[Ganeshan Kalyani]

Agreed there is provision in GST to raise revised invoice.

[subramanian vijayakumar]

Yes views are correct I agree with experts views

AI Summary

Invoice cancellation under GST: disclose by credit note referencing the original invoice and reissue as B2B or B2C. Cancelled invoices should be disclosed by issuing a credit note in the GSTR-1 of the period when the cancellation occurs, referencing the original invoice. Any new invoice issued thereafter must be reported in B2B if the recipient is registered or in B2C if unregistered. There is also a statutory option to issue a revised invoice under GST, and all such actions must be consistently reflected in GSTR-1 and in GSTR-3B adjustments where required.