Menu
Debit note for tcs
the debit note which we are issuing for collectinh tcs do we need to ahow that debit notes in gstr 1 return , if yes then in which table and how we need to show
Replies (14)
Yes, debit note should be shown in Gstr 1 under table 9B
I havent shown what to do and how to show do table 9b column is shown in gstr 1
Show it in subsequent months
Like i have issued debite note in jan , feb and march and filed gstr 1 for all 3 now how to show debit notes for the follwing , is there any penalty or consequences
It might that penalty might be issued
But there is no gst in tcs
Oh yes, if there is TCS then gst is not applicable.. then there is no requirement..
I didn't observed carefully your query
I didn't observed carefully your query
Did u issued Debit Note only the value of TCS? or u added any GST against those Debit notes?
| Originally posted by : Harmehar Kaur | ||
 |
the debit note which we are issuing for collectinh tcs do we need to ahow that debit notes in gstr 1 return , if yes then in which table and how we need to show |  |
Assuming that you are referring to TCS u/s 206C(1H), as no GST component is involved in such debit notes, I think it is not necessary to upload such transactions as part of GSTR1.
No gst on tcs
So, u no need to show this Debit note transactions in GST
If there is no GST liability in case of debit notes - these are non gst debit and credit notes. These notes will not be reported in GSTR 1
No need to show in Gstr 1
HI can anyone share the format of Debit Note for Collecting TCS.
Thank You
Recent Topics :
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
Related Topics :
CAclubindia
