Credit notes and debit notes in gst
Ramit (Accountant) (121 Points)
11 December 2019
Deepak Gupta
(CA Student)
(15922 Points)
Replied 11 December 2019
Originally posted by : Ramit | ||
if credit note shown in GSTR 2A then it is mandatory to shown debit note in gstr 1? |
If ‘Note Type’ showing ‘C’ in your GSTR-2A, it means credit note issued by your supplier to you. So, you will reverse the corresponding tax amount (i.e. ITC in your case) in column 4B2 of GSTR-3B. No need to do anything in GSTR-1.
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