banner_ad

Debit credit note

ITC / Input 357 views 5 replies
User Avatar

196 Points Posted on 25 January 2020
who is responsible to show credit and debit notes on gst cdnr.

thanks in advance
1 Reply Share Follow
On 25 January 2020 at 06:53 Report
Replies (5)
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 25 January 2020
Supplier is responsible for showing CN in GSTR 1 return...
463 Reply
On 25 January 2020 at 08:00
User Avatar

5 Points Posted on 25 January 2020
If so, what about debit note?
Reply
On 25 January 2020 at 09:08
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 25 January 2020
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...
463 Reply
On 25 January 2020 at 09:23
User Avatar

Student
32 Points Posted on 25 January 2020

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

Reply
On 25 January 2020 at 16:01
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 25 January 2020
@ 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.
463 Reply
On 25 January 2020 at 16:17


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details