dear sir/madam
while filing GSTR-4 Return in composition scheme, when entering the purchase details (Value), will we less the value of the credit note in it.
pls guide
regards
dear sir/madam
while filing GSTR-4 Return in composition scheme, when entering the purchase details (Value), will we less the value of the credit note in it.
pls guide
regards
Yes. When filing the GSTR-4 Annual Return under the composition scheme, the purchase value you report should be net of any credit notes received—in other words, you must reduce (less) the value of the credit notes from the total purchase value shown in the return.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
