what to do when if supply made to one state 10000/- in August month and sales return from that state is -2000/- in month September
but gstr 3b will not accept negative amount please suggest
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negative supply in gstr 3b
Replies (3)
There is no solution for the said negative figure due to sales returns in GSTR3B. You can try to consider the sales returns as purchases and disclose under ITC section. However it would be preferable to write a letter post filing the returns to your jurisdictional office explaining the scenario.
I have a different View :
No..... never disclose under ITC Section as it will create problem when you file Annual Return for the same .
Disclose it in your GSTR 1 & reverse in 3B in month when got enough sale .
No..... never disclose under ITC Section as it will create problem when you file Annual Return for the same .
Disclose it in your GSTR 1 & reverse in 3B in month when got enough sale .
yes at the time of annual workings and annual return you will got huge problems so you have to reverse back in the month when you would get sufficient figures in table 4
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