Gstr9 credit note

sir my supplier issued credit note and filled rtns and its showing in gstr9 8a auto populate. My question is that the tax of credit note issued itc claimed or to pay i am totally confused plz help me. I have claimed the tax but in gstr9 its showing in minus itc what to do i don't understand plz help me
Replies (3)
Quick Summary
This discussion addresses confusion regarding credit notes issued by suppliers and their impact on GSTR9. The user claimed Input Tax Credit (ITC) for a credit note, which then appeared as a minus ITC in their GSTR9 auto-populated data. The advice given is that ITC typically needs to be reversed if not already done, and this should be reflected in Table 7 of GSTR9, though interest may be payable in cash.

ITC HAS TO BE REVERSED
PL CHECK IF YOU REVERSED THE SAME.
I have not revised itc shall i revise in gstr9 if yes then in which column should i plz clarify
Table 7 of gstr 9
if u have sufficient balance in credit ledger.
but interest u have to pay cash.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register