Dear Sir, In view of TCS u/s 206C(1H), In GSTR-1 return we had shown Inovice Value, Taxable vlaue and GST Rate. Tax amount is auto computed by system so there is differnce between Inovice vlaue and (Taxable value+GST Anount) due to TCS. How to show all figure in GSTR-1 so we can nullfy TCS differece in return also.

Reply: TCS amount is not required to be shown in tax invoice. Write a note in the invoice regarding payment of TCS alongwith payment of invoice. If you are showing it in the invoice then take the invoice value excluding the TCS amount.