Dear Sir/Madam,
Dec.17 Sales details as under
Taxable Value IGST CGST SGST
4202709.75 45826 82154 82154
Credit Note (Sales Return)
952406.5 47620 -- --
Total
3250303.25 -1794 82154 82154
Please suggest how to file our GSTR-3B Return, negative balance not accept in GSTR-3B
without decresing from outward add 47620 in your igst ITC in 4(A) (5) ....
1794 is your excess ITC after sett off with 45826
example -
in sale month i sold goods cgst 50 sgst 50
in same month a credit note on that sale 25 and 25
and ITC is in this month 55 cgst 55 sgst
after less credit note 35 cgst and 35 sgst and ITC 55 CGST 55 sgst
excess 20 cgst 20 sgst
same case you got credit in next month means if this credit note you got in same month that means 1794 is your excess IGST
same matter you less from this sale or add this on your ITC both are same ...
CAclubindia
