CN Received

Originally posted by : Kunal Pansari
	Received Credit Note from Supplier on for Returned Goods and Rate Deduction. Should it be shown in GSTR-1?

Should it be shown in GSTR-1?

- It should be shown in Supplier's GSTR-1 return. Not for Buyers GSTR-1 return...

Since,you have received the credit note from the supplier, you should book it as a debit note in your system.  Thereafter, you should show it under debit note while filing GSTR 1 Return.  Also, you should adjust your ITC if already availed on the past supply against the said credit note by the supplier of goods or services.

@ RAJA P M.  Yes you are right, but when supplier raises a credit note means he is reducing/making amendments in his previous outward supplies.  Therefore, it has to be shown in GSTR 1.   This has been already mentioned in Table 9 of GSTR1 .  It reads as "9. Amendments to taxable outward supply details furnished in returns for earlier tax periods in Table 4, 5 and 6 [including debit notes, credit notes, refund vouchers issued during current period and amendments thereof." Check out the GSTR 1 PDF FORMAT

Originally posted by : jayendra Gaonkar
	@ RAJA P M.  Yes you are right, but when supplier raises a credit note means he is reducing/making amendments in his previous outward supplies.  Therefore, it has to be shown in GSTR 1.   This has been already mentioned in Table 9 of GSTR1 .  It reads as "9. Amendments to taxable outward supply details furnished in returns for earlier tax periods in Table 4, 5 and 6 [including debit notes, credit notes, refund vouchers issued during current period and amendments thereof."

YES... RIGHT....

BUT.,

WHY YOU/WE WILL THINK OURSELVES WITHOUT REPLY BY QUERIST...

ASK THE DETAILS FROM QUERIST THEN REPLY BASED ON QUERY....

--> CN NOT ONLY REPORTING IN GSTR-1 TABLE 9A... RIGHT...??

NOTE :

CN CAN BE PREPARING - NOT TOUCHING / CHANGING TO THE ORIGINAL INVOICE...

AMENDMENT IS OPPOSITE TO THE CN PREPARATION...