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Credit note
If goods return of inter state Sale but there is no any interstate sale in Current month? Can I adjust CGST & SGST output payable?
Replies (11)
no, you can't adjust the same.
yes we can adjust IGST against Cgst and Sgst.
You should show the credit note in GSTR-1 also
yes it is correct. should report in Gstr1
i am asking i have credit note whice is related Inter state sale but current month we don't have any inter state so how to adjust in GSTR 3B
boss , just avail credit of igst against such credit note showing taxable value of goods returned.
if no Cgst and sgst liability, then credit will be carry forward or else adjust Cgst and sgst laibilty. in 3 B not showing outward sales and update in all other input credit column.
it's distributed equally or First set off from CGST Tax liability?
First set off CGST and balance Sgst, still balance C/F.
Agree with Mr.Murali
thank you Mr.Prakin.
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