CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Debit credit note


Purusothaman Raja   25 January 2020

Purusothaman Raja

 6 likes  108 points

| My Other Post

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

thanks in advance

avater

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

RAJA P M
"Do the Right Thing...!!!" 
 8290 likes  113446 points

View Profile | My Other Post

Supplier is responsible for showing CN in GSTR 1 return...

avater

pattu raj   25 January 2020

pattu raj

 5 points

View Profile | My Other Post

If so, what about debit note?

avater

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

RAJA P M
"Do the Right Thing...!!!" 
 8290 likes  113446 points

View Profile | My Other Post

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
Student 
 32 points

View Profile | My Other Post

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

avater

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

RAJA P M
"Do the Right Thing...!!!" 
 8290 likes  113446 points

View Profile | My Other Post

@ 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.

1 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  




Popular Discussion


view more »



Trending Tags
income tax
epf
tds
career
shares stock
rbi
dgft
ca exams
cag
ca exams may 2020
tin nsdl
gst portal
Union Budget
custom
Excise
Info Technology
audit
gst
icai
taxpayers
ca students
icsi
ca
itr