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Debit note in GSTR1

Gayathri (Accounts) (36 Points)

15 March 2021

I have shown Debit Note for Purchase in Feb GSTR1 so it is IGST payable. In GSTR 2B it shows as a deduction from purchase. Can I amend in GSTR1 for March? If so how? Else what is the solution?

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4 Replies

Amit Potadar (Consultant) (135 Points)
Replied 16 March 2021

Hi Gayatri,

Amend the Debit note to 0 in March. Don't forget to give necessary effect in GSTR-3B.

Gayathri (Accounts) (36 Points)
Replied 16 March 2021

Thank You Sir. I'm concerned if it will reflect in our suppliers GSTR 2B

Gayathri (Accounts) (36 Points)
Replied 10 April 2021

Amendment to Debit Note does not accept 0 sir. It says "do add an item"

CMA Poornima Madhava (CMA) (13097 Points)
Replied 10 April 2021

1) Assuming that the debit note is raised by the buyer on account of purchase return etc, such debit notes do not find place in GSTR1 of the buyer. 2) Such adjustments have to be done only in GSTR3B of the buyer. 3) When the supplier raises credit note, the transaction would get adjusted by itself. 4) Since you have already uploaded the debit note as part of GSTR1 and you are also not able to amend it to a nil value, try if you can make a reversal entry (say by raising c/n against the d/n entry) and nullify the effect. This is just a suggestion, not sure whether this would work.