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Purchase returns invoice not mention on GSTR1

Krishan Kumar Jha (28 Points)

02 July 2021  
we supply materials and issue GST invoice and paid GST
Buyer return the same and issues Purchase return invoice and the same was not mention in GSTR1
they say that we had reversed the ITC against delivery note of purchase return in GSR- 3B

And not required to be shown in GSTR-1 at our end.
Where we show the purchase return invoice and How we Claim ITC charged in purchase return invoice
please help me

 6 Replies

CA Altamush Zafar (GST Consultant) (10951 Points)
Replied 02 July 2021

You will have to issue credit note and show such credit note in gstr1

Pankaj Rawat (GST Practitioner) (51634 Points)
Replied 02 July 2021

In term section 34 of CGST Act , it's supplier who can issue the Credit/Debit note .
So as a Supplier you are required to issue credit for the same & report it' in your GSTR 1

Krishan Kumar Jha (28 Points)
Replied 04 July 2021

If I issue credit note , our account show credit balance of buyer
in actually I sale materials and buyer sent back it against purchase return invoice account settled

Pankaj Rawat (GST Practitioner) (51634 Points)
Replied 04 July 2021

Dear Jha Ji     cannot get you , when Recepient send you material back to you , he will definitely reduce his purchase . 

As in same manner when you issue the Credit note you will reduce your sale & tax liability & Recepient will reduce his purchase & ITC . 

 

 

 

 

 

 

 

Bhavika Kothari (CA) (1204 Points)
Replied 23 July 2021

You have to book a credit note in this case. Your liability should also be reduced. The reduction amount will be equivalent to the amount of the credit note

Krishan Kumar Jha (28 Points)
Replied 12 August 2021

Where I declare credit note in gatr3b

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