I received some goods against invoice by a supplier. Due to wrong design i sent it back.
Supplier issued credit note to me for that invoice.
In my gstr3b :
1. Will cn be entered as a itc reversal , if yes under which table ?
Or
2. Should i deduct that cn gst amount from my monthly itc and quote the resulting amount directly in 4a (5).
Menu
gstr3b credit note entry table ?
Replies (3)
2nd option is best because if you use first one you will have interest liability occur as it is for wrong reversal of ITC.
you only have 1st option..... 2nd one is not so correct....
somebody plz comment on this
Recent Topics :
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
Related Topics :
CAclubindia
