Sales&sales return

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pavan reddy (Querist)
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27 January 2018 How GSTR-3B should be shown when sales are around 3,00,000 and sales returns amounts to 7,50,000(relating to a invoice shown in Aug month Shown as sales in GSTR-1& GSTR-3B) -while filing December Months return....Where Negative values are not permitted in 3B and also cant show it in INPUT as it is not our Purchases & its our sales returns...Suggest me the best way

Udaya Chandran

Udaya Chandran (Expert)
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27 January 2018 As per my suggestion, reduce the sale return equal to the tax liability for the month and the balance in the next month liability.

pavan reddy

pavan reddy (Querist)
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27 January 2018 Sir.that 750,000 is not a block of invoices it's an single invoice .....do u suggest that it holds good breaking the invoice .......

CA S K MISHRA

CA S K MISHRA (Expert)
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28 January 2018 Sales return to be adjusted by way of issue of Credit Note with reference to the original invoice.

For conceptual clarity on GST, you may refer following link
https://www.amazon.in/dp/194832105X

pavan reddy

pavan reddy (Querist)
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29 January 2018 sir done the same but my qstn is how gstr3b should be shown for above qstn