GST Audit
This query is : Resolved
03 July 2020
Discount of FY 17-18 and FY18-19 entries made in FY 19-20 whether GST to be reversed?
2A doesn't reflect such discount yet.
Credit note although released in FY 18-19 and FY 17-18 but we counted these credit notes in FY 19-20 still reversal required?
2A doesn't reflect such discount yet.
Credit note although released in FY 18-19 and FY 17-18 but we counted these credit notes in FY 19-20 still reversal required?
03 July 2020
Yes, reversal required as it's not reflecting in 2A.
04 July 2020
I mean to say that Counter party doesnt mention such discount in its return and in turn its not reflecting in 2A-CDNR section...only original invoice value is reflecting in 2A...still are we required to reverse the GST amount.
Further credit notes issued by counter party doesnt mention GST amount.
Further credit notes issued by counter party doesnt mention GST amount.
04 July 2020
Reversal not required in such a case.
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