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Credit note on GSTR1

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154 Points Posted on 04 August 2022
If my seller is uploading credit note on GSTR1, do I need to upload any debit note on GSTR1? Will that duplicate the taxable amount and ITC too?
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On 04 August 2022 at 14:14 Report
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Student
1628 Points Posted on 05 August 2022
If seller issues a Credit Note to you that means you have returned the goods that was earlier purchased by you so you don't need to upload any notes in your return... sole responsibility to upload credit note is of seller not purchaser
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On 05 August 2022 at 09:05
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Chartered Accountant in Practice
1260 Points Posted on 05 August 2022

You don't have to issue any debit note against suppliers credit note under GST.

You only have to reverse credit relating to such credit note in GSTR-3B. There is no disclosure required in GSTR-1 for this transaction. 

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On 05 August 2022 at 16:04
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514 Points Posted on 15 March 2023
Reverse credit means we have to pay in cash while filing Gstr 3b ?pls reply
1 Reply
On 15 March 2023 at 10:50


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