Respected Experts.
We didn't have any purchase or sales in June 2024, but we raised some credit notes against the previous month sales.
We have shown the Credit notes in June 2024 GSTR1 filing, But it is not reflecting in GSTR3B, how would we show in GSTR3B and claim the ITC.
Your valuable advice will help a lot.
Thanks & regards.
Ejaz
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ITC against Credit Note
Replies (1)
In GSTR3B in table 3.1(a) Outward taxable supplies ( other than zero rated , nil rated and exempted ) you have to show outward taxable supply , net of credit note or debit note , since do not have any outward supply in this month you can not do the adjustment , I think you have wait for outward supply for adjustment. ( please refer CGST rules 2017 , Part B ( forms) / GSTR3B form in detail) ) .
Last date to do the credit note adjustment for F.Y 23-24 is 30 th Noveember 2024 as per section 34 of the CGST Act 2017 (please refer) . Also credit note should be subject to section 34 of the CGST Act .
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