Reporting of debit note in GSTR-1/iff
This query is : Resolved
GURLEEN KAUR
(Querist)
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
CA R SEETHARAMAN
(Expert)
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Movement of goods by packers and movers - type of sale - Reg.
- ARCA LOGIN
- RCM and same line
- Closer of business and itc of capital goods
- TDS Return Statement Status
- Missed uploading GST Invoice
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
