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
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GSTR-4 Return in composition scheme
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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.
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