Compliance in GST is much more complex and strict than in any of the present law. In GST it will be desired to have accurate filings as there is no provision of revising a return once filed. However, to err is human and this fact is recognised by the government.
So how does one rectify the errors in already filed returns? A taxpayer can "amend" details of returns already filed by providing relevant details in the next return to be filed.
Let us see what are the situations in which amendment will have to be done by the taxpayer.
3. SCENARIO 01 Ideal Scenario
SUPPLIER FILES
GSTR - 1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR 2A
GSTR-2A
NO CHANGES WERE MADE WHILE
UPLOADING GSTR-2 BY THE PURCHASER
XLS GSTR-2
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DONE
NO ACTION REQUIRED
4. SCENARIO 02 Changes Done By Purchaser And Accepted By Supplier
SUPPLIER FILES
GSTR-1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR-2A
GSTR-2A
CHANGES MADE WHILE UPLOADING
GSTR-2 BY THE PURCHASER.
XLS GSTR-2
SUPPLIER GETS THE DETAILS
OF CHANGES IN GSTR 1A
GSTR-1A
SUPPLIER ACCEPTS AND
AMENDS IN GSTR-1
ACCEPTED
XLS
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5. SCENARIO 03 Mistake Of The Purchaser
SUPPLIER FILES
GSTR - 1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR 2A
GSTR-2A
SUPPLIER GETS THE DETAILS
OF CHANGES IN GSTR 1A
GSTR-1A
SUPPLIER DOES NOT
ACCEPT CHANGES
DECLINED
XLS
SUPPLIER INFORMS THE
PURCHASER ABOUT HIS MISTAKE
CHANGES MADE WHILE UPLOADING
GSTR-2 BY THE PURCHASER.
XLS GSTR-2
NO ACTION
PURCHASER AMENDS IN GSTR-2
OF THE SUBSEQUENT MONTH
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6. SCENARIO 04 Mistake Of The Supplier
SUPPLIER AMENDS IN GSTR-1
OF THE SUBSEQUENT MONTH
SUPPLIER FILES
GSTR - 1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR 2A
GSTR-2A
SUPPLIER GETS THE DETAILS
OF CHANGES IN GSTR 1A
GSTR-1A
CHANGES MADE WHILE UPLOADING
GSTR-2 BY THE PURCHASER.
XLS GSTR-2
SUPPLIER ACCEPTS CHANGES
BUT FAILS TO UPDATE
Changes
Update
MISMATCH REFLECTED
IN ITC-1
ITC-1
MISMATCH
FOUND
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7. SCENARIO 05 Error Not Rectified By Supplier
SUPPLIER DOES NOT AMEND IN GSTR-1
OF THE SUBSEQUENT MONTH
SUPPLIER FILES
GSTR - 1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR 2A
GSTR-2A
SUPPLIER GETS THE DETAILS
OF CHANGES IN GSTR 1A
GSTR-1A
CHANGES MADE WHILE UPLOADING
GSTR-2 BY THE PURCHASER.
XLS GSTR-2
SUPPLIER ACCEPTS CHANGES
BUT FAILS TO UPDATE IN GSTR 1A
CHANGES
UPDATE
MISMATCH REFLECTED
IN ITC-1
ITC-1
MISMATCH
FOUND
ITC DENIED TO THE PURCHASER AND HIS
OUTPUT TAX LIABILITY INCREASES
ITC-1
ITC
DENIED
GSTR-1
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8. SCENARIO 06 Rectification After The Closure Of Financial Year
SUPPLIER DOES NOT AMEND IN GSTR-1
OF THE SUBSEQUENT MONTH
SUPPLIER FILES
GSTR - 1
XLSXLS GSTR-1
PURCHASER DOWNLOADS
GSTR 2A
GSTR-2A
SUPPLIER GETS THE DETAILS
OF CHANGES IN GSTR 1A
GSTR-1A
CHANGES MADE WHILE UPLOADING
GSTR-2 BY THE PURCHASER.
XLS GSTR-2
SUPPLIER ACCEPTS CHANGES
BUT FAILS TO UPDATE
CHANGES
UPDATE
MISMATCH REFLECTED
IN ITC-1
ITC-1
MISMATCH
FOUND
ITC DENIED TO THE PURCHASER AND HIS
OUTPUT TAX LIABILITY INCREASED
ITC-1
ITC
DENIED
GSTR-1
SUPPLIER ACCEPTS HIS MISTAKE LATER
AND AMENDS IN THE SUBSEQUENT RETURN
GSTR-1
20
SEPT
MONTH OF SEPTEMBER (20th)
SUCCEEDING THE FINANCIAL YEAR
FILING OF ANNUAL RETURN
OF THAT FINANCIAL YEAR
ANNUAL
RETURN
WHICHEVER
IS EARLIER
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9. THANK YOU
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