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Debit Note raised for inward supplies

17 September 2017

Debit Note raised for inward supplies to a registered dealer i.e., we have to pay IGST which is charged in D.N. How to effect in GSTR-3B.

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12 Replies

RAJA P M ("Do the Right Thing...!!!") (127167 Points)
Replied 17 September 2017

In GSTR 3B...

3.1 Detailed Outwards supplie......

(a). Total sales + Debit Note Values + Advance received

Mahesh Shaha (303 Points)
Replied 17 September 2017

Raja Sir the querry is inward supply not for ouward supply. As per my knowledge it is not allowed to issue debit note/ credit note for supply of good/Service. Only if consideration changes then Credit/Debit Note should be issued. Please clarify

Mahesh Shaha (303 Points)
Replied 17 September 2017

Dear Shiva

what is mean by debit note issued by Inward Supply? Is it rate difference or tax difference

Siva - Accountant (15 Points)
Replied 17 September 2017

Dear sir

Goods purchased from Banglor in July month.
ITC (IGST) claimed in same month. In August, the particular goods were damaged when it's used. So, We raised Debit Note to the party and we have to reversed the ITC difference. Now, in GSTR3B how to show it.

RAJA P M ("Do the Right Thing...!!!") (127167 Points)
Replied 18 September 2017

Dear Mahesh Shaha.,
1. When you get Credit / Debit Note....?
2. When you give Credit / Debit note...?
3. What are the taxable transactions in Credit / Debit note...?

Please reply..... 🙏

RAJA P M ("Do the Right Thing...!!!") (127167 Points)
Replied 18 September 2017

@ Siva.,
You follow above said way...

Purchase return (Material Outward) ll be collect the tax amount,
Sales Return (Material Inward) ll be given the tax amount....

In GSTR 3B:
Purchase return add in outward column like
"Outward Supplies + Debit Note (issued to Supplier) + Advance Receipts..... (debit note - Material Outward)

Sales return less in outward column Like
Above said values (-) Sales return (Credit Note) (Material Inward)

RAJA P M ("Do the Right Thing...!!!") (127167 Points)
Replied 18 September 2017

In case we received/issued Credit / Debit note to our customers then we can show GSTR 1....
In case Issued / Received Debit / Credit Note to our Supplier then We ll show it GSTR 2A / (2)