Sales return/credit note

Save Share

This query is : Resolved

M.GURURAJU (Querist)

24 April 2019 Dear Sir/Madam,
Ours is a pharma organisation. We have received sales return from some of our dealers.Now my doubt is where I can see their GST Payment details for the same, whether is it available in GSTR2A or some other menu. If they have not made GST payment how to pass credit note whether on the total amount or part amount. For instance 10,000/- worth goods returned by a dealer(9000+1000 GST) shall I pass Credit Note on 9,000/- or 10,000/- is it to be shown in GSTR1. If so where I have to enter the Credit Note details. So far I have not entered in GSTR-1 Please clarify
Thanks in advance
Regards,
M.Gururaj

CA Anita Bhadra

CA Anita Bhadra (Expert)

24 April 2019 You have received sales return – it means , you are the supplier

How does it matter to supplier whether recipient has paid / adjusted GST or not ?

GSTR 2A will be available to recipient consisting details entered by the supplier

In case of return of goods , you will issue credit note of Rs 10000/- indicating GST amount of Rs 1000/- .

It is recipient’s liability to reverse ITC of Rs 1000/- availed by them

You will enter details of Credit Note in Table 9B of GSTR 1

M.GURURAJU

M.GURURAJU (Querist)

25 April 2019 Dear Madam,Thanks for your immediate reply. We have filed GSTR-1 till Mar19 and I am asking for Fin.Year 2017-18. We have passed Credit Note for 10,000/-( For the Total amount of 10,000/-, Not shown 1000/- twds GST) How to correct the same now. Please advise
Thanks,
Regards,
M.Guru Raj

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now