Initial period of GST ,purchase return to supplier,shown as outward supply and B2B in GSTR-1 return.
Further,supplier also issued credit note for sales return and entered in GSTR-1 and reflected in GSTR-2A of recipient.
What to do for purchase return.Whether amend the invoice with zero in taxable value,gst amount and invoice value.
Pl.suggest.
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PURCHASE RETURN SHOWB AS SALES IN GSTR-1
Replies (2)
Reverse the same , by issuing cnt or ammend the invoice to zero value , & enter the CNT of purchase return in books & report it in your GSTR 3b of current period.
Purchase return is the par of purchase not sale because gstr 1 is only part of sales so purchase return not show but total purchase taxable value less purchase return the balance show in gstr-3b.
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