10 October 2020
Respected Sirs Please guide me and oblige.
One of our suppliers has issued a credit note to us on account of goods returned by us. While filing GSTR-1 there is a tile of debit/credit note, whether the same shall be fed in the same tile with the data of the goods returned.
10 October 2020
No, you do not have to report the credit note issued by supplier in your GSTR1.The supplier will report and you have to book the credit note and reduce your ITC in 3B ( if GST credit is given in the credit note).
CAclubindia
