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Debit credit note


Purusothaman Raja   25 January 2020

Purusothaman Raja

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who is responsible to show credit and debit notes on gst cdnr.

thanks in advance

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RAJA P M ("Do the Right Thing...!!!")     25 January 2020

RAJA P M
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Supplier is responsible for showing CN in GSTR 1 return...

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pattu raj   25 January 2020

pattu raj

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If so, what about debit note?

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RAJA P M ("Do the Right Thing...!!!")     25 January 2020

RAJA P M
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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...

Shetty (Student)     25 January 2020

Shetty
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So the buyer does not have to pass any entry of the debit note in his GSTR 3b or 1 ??

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RAJA P M ("Do the Right Thing...!!!")     25 January 2020

RAJA P M
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@ 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.

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