Credit debit note to show in GST returns

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This query is : Resolved

Quick Summary

This discussion clarifies the correct procedure for filing GST credit and debit notes. The consensus is that the effect of credit and debit notes should be reflected in GSTR-3B, specifically under outward supplies. For recipients of credit notes and debit notes, the impact on ITC also needs to be managed within GSTR-3B, with guidance sought on the specific table and row for these adjustments. It's also confirmed that these notes should be reported in GSTR-1.

Pragna Marfatia

Pragna Marfatia (Querist)

16 January 2021 Which of following be the correct procedure
A) I show credit note and debit note in gstr1 and then in next return of March, it will automatically show reduced/increased sales and corresponding tax and ITC. I don't do anything in GSTR3B
Or
B) I give credit note and debit note effect in sales amount and tax amount and ITC amount in gstr3b- but which column I don't know - please guide
And show in GSTR1.
OR any other procedure which is correct
Request for your guidance.
Regards,

Lekhraj sood

Lekhraj sood (Expert)

17 January 2021 Option B should be followed. It is to be clubbed in 3B under outward supplies.

Pragna Marfatia

Pragna Marfatia (Querist)

17 January 2021 Thanks sir, for the reply.
I just want to clarify that I am recipient of credit note and debit note.
So still I follow option B or I need to give effect only in ITC? Kindly guide.
Also for ITC effect, should I show it in Table 4- which raw?
Also Do I have to show in GSTR 1?
Thanks once again.

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