Can I amend Debit note(Purchase return) in next month's GSTR1 after receiving refund from supplier ?

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BUSINESSMAN
153 Points Posted on 09 March 2021

I raised a EWB for Debit note/Purchase return of Rs.80K( 71429+8571(gst))

On receipt of goods supplier is now refunding me only 50% value of goods (50% GST too) on condition if I upload the whole value I mentioned in EWB(80K) and show rest 40K as loss in my account .

As per supplier I will have to pay ITC reversal of whole 80K and show 50% loss in my account books . But I think even if I upload the whole amount in GSTR1 and show 50% loss in account books ,I will have to pay half of gst which supplier have not refunded me in ITC reverse from my pocket,

Q1.Who is right in this ? Supplier or me?

Q2.Can I upload D/N of same value as in EWB (80K) ,receive my half payment and than amend the same DN in next month’s GSTR1 so that I don’t have to pay extra ITC from own pocket ?

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On 09 March 2021 at 13:54 Report
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Quick Summary
A business is seeking advice on amending a debit note for a purchase return in their GSTR1. The supplier is only refunding 50% of the value, asking the business to account for the rest as a loss and reverse ITC on the full amount. The business questions whether they can upload the full debit note value initially and amend it later to avoid paying ITC on the unrefunded portion. Another user clarifies that as a purchaser, they cannot upload a debit note in GSTR1; the supplier should issue a credit note which would appear in the purchaser's GSTR2A.

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Consultant
135 Points Posted on 09 March 2021

Hi Prakhar,

You are a purchaser, you are raising Debit note for 80K and receiving only 40K out of that. 

to answer your first question its your business policy which decides who is right. 

In second question you are asking to upload in GSTR-1. you are purchaser, you cant upload that in GSTR-1 as its raised against purchase. he has to upload Credit note that will appear in your GSTR-2A.

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On 09 March 2021 at 15:33
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BUSINESSMAN
153 Points Posted on 09 March 2021

Sir ,Supplier is not issuing credit  note and asked me to upload same debit note which I raised in EWB portal.

That is why I was going to upload same in my outward supply bills .

Question arises whether I can amend this invoice amount in next month's GSTR1 as supplier is trying to take credit for ITC he has not paid on purchase return .

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On 09 March 2021 at 16:37
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Consultant
135 Points Posted on 09 March 2021

You cant upload this debit note in GSTR-1.

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On 09 March 2021 at 16:44

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