MEESHO MINUS SALE FIGURE

535 views
User Avatar

B.Com
323 Points Posted on 12 February 2022
Dear Experts,
kya minus sale figure ko bhi gstr-1 mein b2c others mein minus kar ke likhna hoga ya nahi
0 Reply Share Follow
On 12 February 2022 at 19:12 Report
Replies (4)
Quick Summary
This discussion addresses how to handle negative sales figures from platforms like Meesho, particularly when sales returns exceed initial sales. While GSTR-1 may not directly accept negative figures for B2C others, it's advised to show net sales after returns. Any excess returns should be adjusted in future GSTR-3B filings.

User Avatar

Profession
28261 Points Posted on 13 February 2022
Pls explain.
Reply
On 13 February 2022 at 07:51
User Avatar

Chartered Accountant
533 Points Posted on 13 February 2022
In b2c others you should show net of returns..but your query is not so clear.. please elaborate the issue
Reply
On 13 February 2022 at 08:46
User Avatar

B.Com
323 Points Posted on 13 February 2022
Dear Sir,
My query is my meesho sale return is more than meesho sale. b2c mein kis tarah adjust karenge
Reply
On 13 February 2022 at 14:18
User Avatar

GST Consultant
15986 Points Posted on 13 February 2022

For now you will adjust in full. The GST return will not accept negative figures. However show sale returns in GSTR-1. Adjust the remaining amounts in future GSTR-3B returns.

Reply
On 13 February 2022 at 18:57

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Capital gains incidence due to bonus shares
  2. Amendment of Object Clause of Memorandum
  3. How Can I Request a Refund for an Accidental Airte
  4. TDS on salary paid in cash
  5. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  6. Last Date To Fill ITR For Non-Audit Case
  7. Guidance Required on Filing Fresh Registration und
  8. IT Return Refund Status AY 2026-27
  9. Clarification Regarding Income Tax Demand Notice
  10. Online PAN Download: Check How?

More recent discussions | Post

Related Topics :

Loading