Credit note

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5 Points Posted on 16 September 2020
how can we upload credit note in gstr-1 only in case of reversal of gst,if charged at the higher rate earlier
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On 16 September 2020 at 11:20 Report
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This discussion clarifies the process of uploading credit notes in GSTR-1, specifically for reversing GST charges when an incorrect higher rate was applied initially. It addresses how to amend invoices and correctly report these adjustments to ensure accurate GST filings.

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Accountant
208 Points Posted on 16 September 2020
Issue an ammended credit note with correct GST rate and ammend it on GSTR -1 also
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On 16 September 2020 at 19:22
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5 Points Posted on 16 September 2020
Sir, if we have issued B2B invoice at higher rate of tax than how can we upload credit note without taxable value..
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On 16 September 2020 at 19:26
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Accountant
208 Points Posted on 16 September 2020
Than ammend that invoice
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On 16 September 2020 at 19:31
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5 Points Posted on 16 September 2020
Thank you sir, for clearing my confusion
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On 16 September 2020 at 19:32

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