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credit notes

22 October 2018

I have intra state supplies worth rs 1,00,000 in the month of Sep-2018 but I have inter state supplies credit notes relating to Fy 2017-18 worth rs 1,50,000. How to deal with this Gstr-3b of Sep?

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5 Replies

Kaushal Kumar (31 Points)
Replied 22 October 2018

Didn't get you ... friend

Vikram Hegde (10 Points)
Replied 22 October 2018

i have outward supplies worth ₹100000 in the month of sep but i also have sales return worth rs ₹150000 for which i have raised credit note. and that supply was made in fy 2017-18. as i cannot show negative figure in outward supplies column of gstr-3b and sep month is the last return i can adjust the credit note relating to fy 2017-18.how to deal with this?

Pankaj Rawat (GST Practitioner) (55062 Points)
Replied 22 October 2018

Yes , its a pracrical problem & GST portal do not deals with such problems .

So , have only wayout ro show in Annual Rerurn & Adjust the 50k in 3b for october18

Note : In annual return sale to be shown as per the GSTR 1 filed , So your sale fiqure will get match.

Vikram Hegde (10 Points)
Replied 22 October 2018

i cannot adjust it because the outward supplies are intra-state and credit notes are relating to inter-state supplies made in fy 17-18.. as i cannot fill the negative figures in the igst column

Pankaj Rawat (GST Practitioner) (55062 Points)
Replied 23 October 2018

YES DEAR VIKARAM , ITS LIMITATION OF PORTAL THAT IT NOT MEANT TO DEAL SUCH SITUATION, YOU CANNOT PUT NEGATIVE FIQURE IN 3B, BUT IN GSTR1 YOU CAN SHOW VIA TABLE FOR CNT , SO I MEAN TO SAY THAT SHOW THE SAME IN YOU ANNUAL RETURN & ADJUST THE SAME (NEGATIVE) IN FUTURE 3B