who is responsible to show credit and debit notes on gst cdnr.
thanks in advance
Menu
Debit credit note
Replies (5)
Supplier is responsible for showing CN in GSTR 1 return...
If so, what about debit note?
If debit note prepared by supplier then he can show it in GSTR 1 return...
In case debit note from Buyer then it will be Credit note in Supplier's books and show it in Supplier's GSTR 1 return...
In case debit note from Buyer then it will be Credit note in Supplier's books and show it in Supplier's GSTR 1 return...
So the buyer does not have to pass any entry of the debit note in his GSTR 3b or 1 ??
@ Mr Shetty.,
Buyer can't enter any of inward supplies related activities in his GSTR-1 return...
But, Buyer can reduce the ITC value based in debit note amount in GSTR 3B return.
Buyer can't enter any of inward supplies related activities in his GSTR-1 return...
But, Buyer can reduce the ITC value based in debit note amount in GSTR 3B return.
Recent Threads
- What accounting software works best for small busi
- Accumulated amount received from pf account
- Sec.10 (10D) Tax Benefit not available to PaidUp p
- Seeking your expert view on GST return disclosure
- GST on rent a car Business , GST Query
- Need CA for Turnover Certificate & Tender (Del
- Schedule CFL is not saving 0 as carry-forward loss
- Deduction 80c,80d,80ttq
- GST cancellation ecommerce
- Ca final may 2026 exam
Related Threads
CAclubindia
