GSTR 1 NILL RATE SUPPLY VALUE WRONGLY ENTERED NEED REDUCE THE VALUE

[PN ELAMPARRUTHY]

IN GSTR-1 VALUE FOR 10 LAKHS WRONGLY ENTERED 10 CRS. IT IS NIL RATED SUPPLY HOW WE NEED REDUCE THE VALUE

[Shilpi Jain]

Since it is a wrong disclosure in GSTR-1, which you must have disclosed in table 8, there is no amendment table to correct this.

You could consider to make the correct disclosure while filing GSTR-9 for this FY and in the mean time make an intimation to the department regarding the error in disclosure and fact of impossibility of amending GSTR-1.

[Shilpi Jain]

This intimation can be made in the DRC form that would get issued for difference in GSTR-1 v GSTR-3B. If this is not issued to you then you could make the intimation by way of a letter and get acknowledgment on the same and file for your records.

AI Summary

Participant to Correct GSTR-1 Error in GSTR-9; Inform Tax Department via DRC Form or Letter for Acknowledgment. A participant reported an error in their GSTR-1 filing, where a nil-rated supply was incorrectly entered as 10 crores instead of 10 lakhs. An expert advised that since GSTR-1 lacks an amendment table, the error should be corrected in the GSTR-9 filing for the fiscal year. Meanwhile, the participant should inform the tax department about the mistake, either through a DRC form issued for discrepancies between GSTR-1 and GSTR-3B or via a formal letter, ensuring acknowledgment for record-keeping.