dear sirs
we had sold the goods in the month of May 2020 to one local party. party found damage goods after receiving goods, later recipient reduce the invoice value by issuing debit note against our invoice.
in the month of June gstr1 we upload the data of debit note issued by recipient....
Is it correct or wrong?
kindly clarify to me I'm in confuse now....
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Debit and credit note
Replies (8)
Quick Summary
You are also required to issue credit note to party then enter in GST return
But we have entered the data of debit note issued by recipient...... what should we do now....
In GST return ?
As per GST rules, you need to issue credit note
As per GST rules, you need to issue credit note
Yes In our gstr1 we entered the debit note of recipient........
will it be the problem for us
will it be the problem for us
How can you enter recipient debit note in your GST return
Yes....... it's a big mistake....
so what is the solution for this problem?
so what is the solution for this problem?
No worry
You can reverse debit note details in your next GSTR 1 and add Credit note details
You can reverse debit note details in your next GSTR 1 and add Credit note details
Can we now issue credit note and upload it in next month gstr1?
but sale was in April and may month 2020
but sale was in April and may month 2020
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