Debit note

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170 Points Joined October 2017

When I submitted DEBIT NOTE IN GSTR1, THEN PORTAL NOT ACCEPTED DEBIT NOTE. HOW CAN REVERSE INPUT TAX ?

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On 18 May 2019 at 20:48 Report
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CA Student
15932 Points Joined May 2011

You should reverse the corresponding amount of ITC in GSTR-3B in column 4(B)(2). Nothing is required in GSTR-1.

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On 18 May 2019 at 20:53
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154 Points Joined December 2017
less debit note amount in eligible ITC in GSTR 3B relavent month
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On 18 May 2019 at 20:53
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partner
308 Points Joined February 2016
the supplier will reverse it via credit note
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On 18 May 2019 at 21:24
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170 Points Joined October 2017
yes supplier made credit note, then gstr3b 4(b) reverse I will refund that credit note amount
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On 18 May 2019 at 21:27
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partner
308 Points Joined February 2016
don't reverse it just deduct that amount from your relevant month itc while claiming in gstr3b
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On 18 May 2019 at 21:29
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170 Points Joined October 2017
mr Abhishek sir latest movie forum and other are advice this DEBIT NOTE amount reverse in gstr3b coloum 4 (b) pl clarify me I am confused
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On 18 May 2019 at 21:34
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partner
308 Points Joined February 2016
tarun sir both the ways are correct. you can directly incorporate it in the ITC or reverse it in 4 b.
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On 18 May 2019 at 21:39
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GST Practitioner
55067 Points Joined June 2017
Its better to Show under Reversal column in 3B , as its going to autopulate in annual return form
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On 19 May 2019 at 00:31


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