Sir our supplier issued debit note for delay payment(financial transactions) so I have raised credit note now I can't add in gstr1 and error showing original invoice no not found. but I have adjusted debit note in 3b return. how to add credit note in gstr1?
For you to disclose the credit note, you have to issue invoice. But in the instant case, invoice is issued by supplier and even debit note issued thereafter. That's the reason there is error displayed that original invoice not found.. you have never issued original invoice.. you are recipient. There is no need for you to issue credit note ideally.. just avail the ITC of gst recorded in debit note issued by supplier.
The Inward supply are not reported in GSTR 1 , hence the credit for the same from Supplier , you need to Reverse the ITC . Hence such transactions need to report in GSTR 3B by reducing it from the total ITC for the month .
CAclubindia
