Credit notes pending 18-19 can be shown now?

Save Share

This query is : Resolved

Rajesh TM (Querist)

10 October 2019 hi experts.

Please help me to know that our purchasing company had not been raised few credit notes for the fy 2018-19 against our debit notes. We are already been shown this in our gstr3b at that time.

Me would like to know what solution in GST to include these credit notes also in the fy 2018-19. please also let me know any other solution.

Thanks in advance

regards
Rajesh

CA Anita Bhadra

CA Anita Bhadra (Expert)

11 October 2019 Debit / Credi Notes to be issued by the supplier only. Purchasing companies will not issue a credit note against your debit notes.
You need to show debit notes issued by you in your GST Returns - GSTR 1 / GSTR 3B

Rajesh TM

Rajesh TM (Querist)

12 October 2019 Dear madam,
we are purchasing lights from chennai based company and we are channel partner of that company situated in kerala calicut. We had already been issued debit notes for the return of items due to damage but in return they didnt issue credit note. At that time we shown it in our gstr3b in the eligible itc part after reducing this tax amount ie, net figure. We are not showing anything related with purchase and its return in our gstr1. Now the chennai company is asking how to add these missing credit notes in gst( notes yet to be generated by them). pls help me to solve this issue. thanks in advance

CA Anita Bhadra

CA Anita Bhadra (Expert)

13 October 2019 They will raise credit note and enter in their GSTR 1 .Once they enter in GSTR 1 , your 2A will match with your books of accounts . ( as you have already adjusted amount in your returns )

Rajesh TM

Rajesh TM (Querist)

13 October 2019 Thanks for you reply madam

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now