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gst purchase returns
we have one purchase which is occured in the month of March, later it is reversed as the purchase recording is not ours , in the month of August... now I should consider that purchase in the financials for the year 17-18 or not ???
Replies (5)
Whether you wrongly book the purchase in march18 not pertaing to you????
yes sir , the purchases are wrongly booked
YOU HAVE 2 OPTION
1.EITHER DELETE THAT PURCHASE IN BOOKS & IF THE ITC WAS ALSO CLAIM THEN REVERSE IT IN YOUR SEPT-18 3B (KEEP THE RECO FOR THE SAME)
2. ISSUE THE CREDIT NOTE AGAINST IT & REVERSE THE ITC IN YOUR GSTR3B FOR SEPT-18 (KEEP PREPARE THE RECO FOR THE SAME)
ok thank you sir
YOU ARE ALWAYS WELCOME ..............
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