Vinhod Vinhod 20 June 2019
if made any purchase/sales return in a month, where it affect in gstr 3B. or remain null affect in 3B and only deduct/ add at the time of gstr9 returns?
in my case made some purchase returns in some months. i usually doing next months, credited tax of these return goods(credited when purchased previous month) deduct from the next month tax credit ( tax credit reverse) , is it correct method? if not how to rectify my mistakes? confusion arises over the table 4I & 4J in gstr9..
plz reply correct procedure to follow in Gst returns for debit/credit note issues..
thanks in adv.
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more
prachee (Indirect Tax) 20 June 2019
we are issuing debit note to vendor for purchase return and same amount we reverse in our ITC Register.
but same should be reconciled with vendor ledger on periodic basis , so avoid GSTR2A reconciliation issue.