CREDIT NOTE - PREVIOUS FINANCIAL YEAR 2020-2021

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Dear All,

Let me know, how we issue credit notes against for previous financial year bill. the original invoice date is 30-03-2021.

now we want to cancel the bill by way of the credit note. and we have to issue the fresh bill in the current month. 

How We report in GST ?

 

Replies (6)
Issue credit note and reflect in 3B and Gate 1

C/n can be generated and the same along with the new invoice can be uploaded as part of subsequent return.

To b done before 30/09/21
Raise the Credit Note of March month , report the same in your current GSTR 1 with its original date (March) ,
If you have not filed your March Return then you can easily report in GSTR 1 for the month , else need to report in your current Month GSTR 1 by putting it's original date of issue (March)

Sir, There is no Link  credit note to Original Invoice. How we report now?

IT IS NOT REQUIRED TO LINK CREDIT NOTE WITH INVOICE NOW.


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