Gstr-1 credit/note purchase return

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 December 2017 Dear Experts,
I have return the goods by debit note however the supplier has also issued the credit note for the same,

Now I'm going to file my GSTR-1 return pls clarify whether I have show our debit note or credit note of supplier in my GSTR-1,

Or only supplier will show credit note in his GSTR-1,

Whether I also have to show debit/credit note in my GSRT-2 or in my GRTR-2 I only have to accept the credit note will reflect in my GSTR-2A,

Pls guide me......

Thanks & Regards
Atul jain

Udaya Chandran

Udaya Chandran (Expert)
Follow

28 December 2017 If it is purchase for you and you return the goods, you need to provide these details (Debit Note) only in GSTR 2.

RAJA P M

RAJA P M (Expert)
Follow

28 December 2017 You don't show the debit note in Your GSTR 1... It's in Your GSTR 2 return...

Also your supplier can be show his Credit Note in his GSTR 1.

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2017 Dear both Experts,
Pls clarify :- sir supplier will show the credit note in his GSTR-1 hence all Credit note will be auto populate in my GSTR-2A however after accepting all credit notes in my GSTR-2 automatically my ITC become debit.

Therefore I think I don't need to show the debit notes in my GRTR-2 because as per sec 34 debit/credit notes shall be issued by supplier against sales,
Thus I don't need to show debit notes issued In form of purchase return in my GSTR-2,

Your views are awaited.....

RAJA P M

RAJA P M (Expert)
Follow

30 December 2017 Both can show the details... It's mean the suppliers is not shown the details the receiver can be show the details in his GSTR2***
Also the first priority to which end the material will moving... The purchase return moved from the Buyer end, The Buyer will be show it in his GSTR2***...

Note:
Who will show the details first his return then other one will be accept if it's correct.

Querist : Anonymous

Querist : Anonymous (Querist)

30 December 2017 Dear sir,
If supplier show the credit note than credit note will be auto populate in my GSTR-2,

Pls tell me if I show our debit note in GSTR-2 than in supplier GST portal where the debit note will be auto populate In supplier portal whether in his 1A

Pls clarify....

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