Debit note / credit note particulars in gstr1 return

Save Share

This query is : Resolved

Bazeer Ahmed (Querist)

10 September 2018 Sir / Madam,

We have procured Raw material from a supplier in July 2018 end. We tested the quality parameters and found not suitable to our production. Hence we returned the material in August 2018 along with a Debitnote for the entire bill amount.

The supplier has shown his sale bill in his GSTR1 return and reflect in our GSTR 2A.

As we are like to show the inward entry(purchase) in GSTR 3b and Outward entry (purchase return) in Debit note / credit note tab.

Now we have tried to enter the Debit note which we have made for rejection in the Debit note/ Credit note tab in GST site. It shows an error processed with error and we again tried to modify the entry, The site shows an error counter party of invoice or debit/.credit note are different. We assume that the return period of ours and our supplier is different. We enquired the supplier they replied they are not entered the return entry in their return till now i.e 10 Aug 2018.

Kindly suggest / advise what would be the correct procedure to tackle this issue?
What would be the consequence when we did not show both the entry in our return (for purchase and purchase return)?

Kindly advise us the correct way to solve this issue.

Thanks in advance,

with warm regards,
Bazeer L

RAJA P M

RAJA P M (Expert)

10 September 2018 You can't enter in anywhere of the GSTR 1 return for the debit note... Your supplier only can show the details in his GSTR 1 return...

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

30 October 2026 Under current rules the supplier must issue a credit note u/s 34 (by 30 November after the FY end) and report it in GSTR-1; it then appears in your IMS, and on acceptance the ITC reversal flows into your GSTR-3B. Until then, reverse the ITC on returned goods yourself to avoid interest.

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