I had a b2b sales return of Rs.1,42,000 in October 2022. Accordingly a credit note was issued and filled in GSTR1.
Though since then my outward sale has been very low to adjust in GSTR3B. Hence I have been adusting that credit note in subsequent months of Nov, Dec & so on.
Now after March 2023 there is still Rs.90,000 left to be adjusted. Can I keep adjusting it in next financial year 23-24 in Returns of April, May and so on? Or will I have to claim a refund?
CAclubindia
