Sir,
I issued a credit note against supplies made during last month containing IGST. but this month I don't have any IGST sales.
please guide me how to show this in 3B and where.
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credit note for IGST in 3B
Replies (9)
| IGST | CGST&SGSTT | |||
|
100 | 9 | 9 | |
| Add:Debit Notes Issued for the Month | 20 | 3.6 | ||
| Less: Credit Notes issued for the Month | 40 | 7.2 | ||
| In GSTR 3B--May-2018 | ||||
| (a) Outward taxable supplies (other than zero rated, nil rated and exempted) | 80 | 5.4 | 9 |
Bhavya Sir,
In case of value, it's alright. but where to reduce IGST credit and how. the portal is not accepting minus figure.
please guide me.
In case of value, it's alright. but where to reduce IGST credit and how. the portal is not accepting minus figure.
please guide me.
I have modifed the answer where CGST & SGST are seperate lines but i added in 1 column just for Example.
Like Value Even Tax also reduce proportionately to the extent of Credit Note issued
that's alright,. Sir. But I don't have any IGST sales during the month. so no IGST is due.
Yes its an Practical Problem,
you may try this alternative:
In GSTR-3B: ITC : (5) All other ITC(IGST) + IGST tax amount on Credit Note issued.
Since this is summary, this option is available i think, but decision is left to you
| Originally posted by : Mukesh Agrawal | ||
 |
Sir,I issued a credit note against supplies made during last month containing IGST. but this month I don't have any IGST sales.please guide me how to show this in 3B and where. |  |
You can mentioned in next GSTR-3b in Which you have IGST Sale
You mentioned in GSTR-1
but sir this is not reversal of ITC
it's reduction of outward tax payable.
it's reduction of outward tax payable.
| Originally posted by : Mukesh Agrawal | ||
|
but sir this is not reversal of ITCit's reduction of outward tax payable. | |
At Present Electronic Credit Ledger Link with GSTR-3B
Ex.
Apr - Credit Note IGSTTax Amt Rs. 1000
May- IGST Tax Amt Zero
June- IGST Tax Actual Tax Amt Rs. 10000 You may show 9000 after deduction Credit note Tax Amt
thanks, Sir for your kind help and guidance
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