Reporting of debit note in GSTR-1/iff
This query is : Resolved
13 June 2023
Hello sir/madam
1. Is it compulsory to report debit notes in GSTR-1 even if supplier already reported them as credit note.
2. if we report Debit notes in GSTr-1 it would be added in my sale in 3B and increase my tax liability and at the same time Credit notes reported by the supplier would affect 3b and reduce my ITC.
plz confirm
1. Is it compulsory to report debit notes in GSTR-1 even if supplier already reported them as credit note.
2. if we report Debit notes in GSTr-1 it would be added in my sale in 3B and increase my tax liability and at the same time Credit notes reported by the supplier would affect 3b and reduce my ITC.
plz confirm
13 June 2023
1 Not required. Only credit note of the supplier to be reported
2 No reporting of debit note no problem.
2 No reporting of debit note no problem.
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