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GSTR 3B

Shailesh Prabhu (Student CA IPC / IPCC) (53 Points)

23 May 2018

I want to file GSTR 3B for the month of April 2018, In April I have sales value less than the credit notes issued. The net effect of outward taxable supplies is getting negative due to this. I can not show negative sales in 3B, so kindly suggest what to do?

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10 Replies

RAJA P M ("Do the Right Thing...!!!") (127233 Points)
Replied 23 May 2018

You can show the Credit note value in "All Other ITC" Column if Your sales figure is fall under Negative...

Nuthan (Employment) (64 Points)
Replied 23 May 2018

Mr. shailesh file GSTR 3B for the month of April by considering your credit note equal to sales value and remaining credit note carry forward to subsequent months

3 Like

baban more (31 Points)
Replied 23 May 2018

Nutan sir, is it correct?

vikram kerekar (1241 Points)
Replied 24 May 2018

no it is not correct aply rule as per raj p m sir.

Tushar Nanaware (131 Points)
Replied 24 May 2018

I agree with Nutan. this is a best option as of now as there is no negative values are accepted

Nuthan (Employment) (64 Points)
Replied 24 May 2018

Mr. Vikram if you consider as input then how you will match GSTR 1 for April month and your party has uploaded in GSTR 1 as debit note not has sales if you consider as input

Nuthan (Employment) (64 Points)
Replied 24 May 2018

Mr. Vikram if you consider as input then how you will match GSTR 1 for April month and your party has uploaded in GSTR 1 as debit note not has sales if you consider as input