16 January 2021
I have got credit note from Amazon and debit note from a transportation service provider. How to reflect credit note and debit notes in GSTR 3B and GSTR 1. Also how to reflect in ITC. Please guide, I am totally confused.
18 January 2021
Thank You Sood Sir, Yes, Amazon has issued me credit Note. So, I have to reverse credit note GST amount in Table 4(2) (B) and I don't have to do anything in Table 3.1, not to show anything in GSTR1- Is the understanding correct? Similarly, Logistics Provider has issued me debit note. So I increase my ITC amount to that extent alongwith normal ITC in Table 4 and don't have to show anything in Table 3.1, not to show anything in GSTR1 - Is the understanding correct? Can I net off credit and debit note amount or better to show separately.? Will be greatful for your guidance.
CAclubindia
