In one month I have no IGST output tax liability, but I have a credit note IGST amounting to Rs 15000.
So As per GSTR-1, My IGST Liability is Negative 15000.
In GSTR 3B My IGST Liability is Zero.
Querry:-
How is this Negative 15000 IGST benefit reflected in the GST site?
I have checked
1. Credit Ledger - But This amount is not reflected
2. Following Months Return:- But Not adjusted with the Following month IGST output tax
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GSTR 1 with only Credit note
Replies (1)
As you would know that now negative value does not go in 3B, so you should not have shown the credit note at all.
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