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GST Query

Debasis Nath (23 Points)

17 March 2019

I purchase goods 1 lakh. and i return rs 20000 goods
how can i itc claim
plz help me.

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7 Replies

Priya Kashyap (Student) (7053 Points)
Replied 17 March 2019

return RS MATLAB???

1 Like

Debasis Nath (23 Points)
Replied 17 March 2019

rs means rupees
20000 value of goods

Taxadvisorsmumbai (Proprietor) (51 Points)
Replied 17 March 2019

Dear Debasis,

Please raise the debit note of Rs. 20000 along with GST, so that while preparing GST return the input tax credit on original purchase get reversed, also give the reference of the original bill in GST return.

1 Like

Debasis Nath (23 Points)
Replied 17 March 2019

jitna return kara etan less karke itc clam karunaga yea pura itc leke return pe jitna tax banta he o reverse karung????

Taxadvisorsmumbai (Proprietor) (51 Points)
Replied 17 March 2019

First take full amount of ITC then upload debit note in the GST return for the goods return. So effect will be 100000 original invoice less 20000 debit note.

Debasis Nath (23 Points)
Replied 17 March 2019

me to debit note nehi issue kiya
supplier muje credit note deta he
to me 3b me full itc leke reverse me return goods ka tax reverse karne se hoga . same month me?

Taxadvisorsmumbai (Proprietor) (51 Points)
Replied 18 March 2019

Yes. Uska Credit note apke liye debit note hi ho gaya. so credit note ke details dal dena.Dont forget to give the reference of original bill while filling GST return.same month main hi set off ho jayega.