Negative figure in output IGST how to show in 3b?

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Rajesh TM (Querist)
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08 November 2019 Sir/Madam,

Please help me to know that our output igst is having negative figure(-950.70) last month (oct 2019) due to excess credit note . Please help me to know how we can show in gstr3b as negative figure is not acceptable in 3b.

thanks in advance

Regards
Rajesh

PHANEENDRA MALLA

PHANEENDRA MALLA (Expert)
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08 November 2019 Yes. Negative figures are not allowed in GSTR-3B for outward supplies. Further Reversal column is not provided likewise for ITC.

So. we have to adjust Next Month GSTR-3B to the extent of Negative value. For Current Month Returns, we cannot consider that amount.

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Rajesh TM

Rajesh TM (Querist)
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09 November 2019 Thanks for your reply sir