Dear sir/Madam,
I am a supplier and I have issue credit note now buyer also need to show debit note in his GSTR1?
Menu
Is it compalsary to debit note in gstr1 buyer?
Replies (2)
Yes .
It's sales return for you & purchase return for the buyer.
Sales return : Credit Note
Purchase return : Debit note .
So even buyer has to show debit note in their GSTR-1
It's sales return for you & purchase return for the buyer.
Sales return : Credit Note
Purchase return : Debit note .
So even buyer has to show debit note in their GSTR-1
In GSTR-1 only suppliers show the details. The purchaser will generate a debit note but only for his accounts and reduction of ITC but will not show in GSTR-1
Recent Topic
- Reabte 87A new regeim for FY 2025-26 (AY2026-27)
- OTP ENTERED BUT NOT PROCESS THE RETURN
- Form 16 Includes Salary Recovered Towards Notice P
- Altera INTC
- Itr schema a.y 26-27 v/s form no.16
- Advance Tax for senior citizen with small speculat
- Zero income tax on Capital Gain on sale of house p
- Rental income calculation for 12months
- PF Withdrawal before completing 5 years
- Discrepancy in "Processed By Source" and
Related Topics
CAclubindia
