TaxTMI 
TaxTMI 
TaxTMI 
Can the Total invoice value of the B2B invoice in GSTR-1 be lesser than the taxable value of the invoice?
GSTR-1. B2B invoice addition
Nikhil Oltikar
GSTR-1 Invoice Query: Total Value Cannot Be Less Than Taxable Value, Includes Tax and Exempt Supplies. A query was raised about whether the total invoice value of a B2B invoice in GSTR-1 can be less than the taxable value. Two responses were provided. The first response stated that it cannot be. The second response agreed, explaining that the total invoice value should include the tax element and the value of exempt, nil, or zero-rated supplies. If the total invoice value is less than the taxable value, it indicates potential errors. (AI Summary)