Hi My client is cancelling his GST Registration. There is no Purchase or Sales in April and May. Till March 2019 he has ITC of 1,50,000 each in CGST & SGST. In the month of April he returned the stocks Purchased in PY to the supplier. Supplier shows the same as Credit Note and the same reflected in our 2A. So where should i reverse the ITC for the goods returned by my client.
Menu
Gst - itc reversal
Replies (2)
In 3b
In GSTR-3B show in ITC reversal
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
