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gst input waived
suppose we received amount in advance against the invoice and invoice also raised for future service and this transaction including in gstr3b submitted but before the service receive client cancle the service receiving. the amount be returned to client.then can i get refund gst
Replies (3)
yes, you have to reverse this bill from GSTR-1 and these amount from GSTR-3B
Refund cannot be claimed , yes can reverse the same in your next GSTR 3b & GSTR 1 , by issuing credit as prescribed in Section 34 of CGST Act
Since the invoice is already issued and the service is cancelled later on, credit note can be issued in current month and can be accordingly shown in return
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