Supply, Installation and Commissioning of Plant & Machinery, Mechanical Engineering Works, Electrical Works etc., Amounts to Composite Supply of Work Contract Service: AAAR GST (Uttar Pradesh)
November 8, 2022Govt allows Rupee Settlement in Export Promotion Schemes
November 11, 2022
GST Portal Started Allowing Amendment in Form 9A – B2B Invoices
GSTN has started allowing the amendment related to FY 2021-22 in GSTR-1 of October 2022 return period. This in line with the recent amendment in the GST Law wherein amendment in details can be done up to 30th Nov. of the next FY.
The taxpayer can amend the details of taxable outward supplies made to the registered person that is already reported in table 4A, 4B, 6B, 6C – B2B Invoices. The taxpayer shall provide the financial year and invoice number and click on Amend Record to search for the invoice.
As extended by the Government, from time to time, 30th November is the deadline for making GSTR-1 amendments and claiming pending input tax credit (ITC) for FY 2021-22. However, the actual due date is dependent on November’s GSTR-1/GSTR-3B filing deadlines (i.e. pertaining to October’s return period). If a taxpayer misses the relevant deadlines i.e. 30th November, the GSTR-1/3B cannot be amended. Pending ITC for FY 2021-22, if any, will be forfeited.
