https://www.taxtmi.com/forum/issue?id=113826 Whether the Total invoice value reported in GSTR 1 may be lower than the taxable value for a B2B invoice. The advisers state that the total invoice value cannot be less than the taxable value because it includes tax elements and values of exempt, nil rated or zero rated supplies; a lower total therefore signals an error in invoice preparation or return reporting. en-us Thu, 07 Jun 2018 13:45:23 +0530 Thu, 23 Jan 2025 15:55:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113826 Whether the Total invoice value reported in GSTR 1 may be lower than the taxable value for a B2B invoice. The advisers state that the total invoice value cannot be less than the taxable value because it includes tax elements and values of exempt, nil rated or zero rated supplies; a lower total therefore signals an error in invoice preparation or return reporting. Discussion-Forum GST Thu, 07 Jun 2018 13:45:23 +0530 https://www.taxtmi.com/forum/issue?id=113826