Credit note deducted from ITC
sisirkant panigrahi (16 Points)
15 June 20211. the dealer while filing gstr3b, in ITC he deducted all credit note and filed.
2. also he has not shown in gstr1.
3. is it compulsory to entered in gstr1 (credit note)
sisirkant panigrahi (16 Points)
15 June 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 15 June 2021
The supplier generating credit note is required to upload the same in GSTR1 and the customer is required to reduce the same from ITC in GSTR3B.
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 15 June 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 15 June 2021
Mayank A Jain
(Chartered Accountant)
(968 Points)
Replied 15 June 2021
kumar rajat
(285 Points)
Replied 16 June 2021
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"