My Credit Notes i.e. Sales Returns are more than my Sales which results in negative amount.
So, How to show in GST-3b?
Should I add the amount to ITC and show as ITC?
Because, negative values cannot be entered in Sales column table
Please help 🙏
Thanks
Menu
Negative Sales in GST-3B
Replies (4)
You cannot ...
need to capture the same only when you have enough sale in the month that the s.r. amt. can be setoff.
need to capture the same only when you have enough sale in the month that the s.r. amt. can be setoff.
Autopopulated figures need not be modified.
So you may proceed for GSTR-3B filing
So you may proceed for GSTR-3B filing
Should not be added to ITC, the same should be adjusted in coming months when turnover is available.
What if ITC has been taken by mistake in this case for 18-19, but is corrected in annual only. What would be the repercussions?
Recent Threads
- Timing of actual filing return after paying self-a
- Property given for development ..amounts sale
- ITR-3 Submit level validation error
- My GST liability (RCM?) If I purchase goods (FMCG)
- Property given for development
- Gratuity under which header?
- Has anyone tried Gradehunt’s CS Executive Te
- Rectification of tds previous years demands
- Social TV: Where Streaming Meets Real-Time Engagem
- Schedule AL 50lakh or 1cr ?
Related Threads
CAclubindia
