Can i adjust my current month's liability on CDNR as there is no sufficient sale to adjust the cdnr
This query is : Resolved
13 July 2023
Hello
Month Liability IGST
Sale October 70
CDNR October 60 Against the August Invoice
Net Payable 10 can I adjust the Rs. 60 paid on account of CDNR against my Current liability, this 60Rs. Will not reflect in my Auto populated GSTR2A or 2B.
Thank You
Month Liability IGST
Sale October 70
CDNR October 60 Against the August Invoice
Net Payable 10 can I adjust the Rs. 60 paid on account of CDNR against my Current liability, this 60Rs. Will not reflect in my Auto populated GSTR2A or 2B.
Thank You
Arun Kumar Singh
(Expert)
29 July 2023
Dear Preet,
The Credit note against supply of goods can be adjusted against the tax liability. you need to mention credit note in GSTR-1 then your liability will reduced automatically in GSTR-3B.
The Credit note against supply of goods can be adjusted against the tax liability. you need to mention credit note in GSTR-1 then your liability will reduced automatically in GSTR-3B.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Capital gains in IT returns
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
