NEGITIVE OUTPUT UNDER GST
This query is : Resolved
Quick Summary
18 June 2020
Hi
Iam working in FMCG Industry , in march 2020 we had issued credit notes to some dealers , credit notes issued is relating to interstate sale so IGST will attract, but in march 2020 month we don't have any Inter State sale, so my query is how to show this negative figure of Output tax in GSTR3B, Kindly Guide me.
Thanks & Regards
Santosh
Iam working in FMCG Industry , in march 2020 we had issued credit notes to some dealers , credit notes issued is relating to interstate sale so IGST will attract, but in march 2020 month we don't have any Inter State sale, so my query is how to show this negative figure of Output tax in GSTR3B, Kindly Guide me.
Thanks & Regards
Santosh
18 June 2020
Wait and adjust in next month returns.
18 June 2020
Another query is shall i show this credit notes in GSTR1 or Shall i postpone showing of details in GSTR1
18 June 2020
Yes, you can show it in GSTR 1.
18 June 2020
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