23 December 2020
An assessee made IGST sales during the month of Oct 2020. He has also issued Credit Notes during the oct month with CGST & SGST.
Now while filing the GST return how he will make the adjustment in the return. Since he cannot adjust CGST SGST with IGST in table 3 of outward supply? In month of Nov & Dec, the assessee will not be making any CGST SGST sale with which he can make adjustment in future months.
28 December 2020
I thought IGST is wrongly updated instead of CGST/SGST Sales. If it is not the case, you can adjust the negative output liability (Credit Notes) in the upcoming months as GSTR-3B does not allows us to input negative output liability but show some updates that recently it is allowed to input negative output liability while discharging GST Liability through GSTR-3B...
CAclubindia
