Menu
Debit note and credit note
How to give effect under GSTR-3B when you have both credit note and debit note (sales return and purchase return)
Replies (1)
Credit Note-1
(Issued by you as a supplier for sales return)
Reduce the taxable value and tax amount from ‘outward taxable supplies’ in GSTR-3B Table 3.1
Credit Note-2
(Issued by your supplier for sales return and debit note for you for purchase return)
Only reverse the corresponding ITC amount in GSTR-3B Column 4B2
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
