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GSTR-1. B2B invoice addition, Goods and Services Tax - GST

Issue Id: - 113826
Dated: 7-6-2018
By:- Nikhil Oltikar
GSTR-1. B2B invoice addition

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Can the Total invoice value of the B2B invoice in GSTR-1 be lesser than the taxable value of the invoice?

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Showing Replies 1 to 2 of 2 Records

1 Dated: 7-6-2018
By:- YAGAY and SUN

In our view it cannot be.


2 Dated: 8-6-2018
By:- KASTURI SETHI

I concur with the views of M/s.YAGAY and SUN, Sirs. Total invoice value includes the element of tax also. Moreover, invoice value includes the value of exempt/nil/zero rated also. Hence total invoice value cannot be less than taxable value. Suppose, if it is less, something must be wrong in many aspects.


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