Credit and Debit Note

Value of  Invoices  , Add  value of Debit  Note  &  Less value  Credit  Note  in  Value of  taxable supply  in GSTR 3B . 

While we understand that Sales is an outward supply and Sales Return is an inward supply. Similarly, Purchases are inward supply while Purchase Return is an outward supply. So to get the things right and GSTR 3-B correctly filled and filed, we will have to use this concept of inward and outward supplies.

The value of sales return is to be deducted from total liability whereas the value of purchase return is to be deducted from total ITC