Credit note in case of supply fall under RCM

[milan bamal]

Dear team

I had issued a sale invoice under RCM,

also generated the e-invoice

but the taxable value was reported higher by mistake in GSTR-1 of April 26.

How can I reduce/correct it? Can a credit note be issued for supplies covered under Reverse Charge Mechanism (RCM)? Or anything else

AI Summary

Reverse charge mechanism reporting error raises query on credit note use and GSTR-1 value correction under GST. A GST compliance query concerns a supply reported under reverse charge mechanism in which a sale invoice and e-invoice were issued, but the taxable value was mistakenly reported at a higher amount in GSTR-1 for the relevant tax period. The issue raised is whether the reported value can be reduced or corrected through a credit note for supplies covered by RCM, or whether some other correction method is required.