Q. GST INPUT QUERY........

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Student
844 Points Posted on 22 July 2021
In FY 2019-20 A Ltd purchase goods Rs.100000+18% GST from the B Ltd, but goods returned to B Ltd, GST credit note received for same Rs.100000+18% GST from B Ltd, but this input  is Unclaimed and ITC is not reversed, then what to do at time of GSTR9? We can ignore  GST credit note reversal becasue the itc is not claimed
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On 22 July 2021 at 13:16 Report
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Quick Summary
This discussion addresses a query regarding GST input tax credit (ITC) for FY 2019-20. A company purchased goods and received a credit note for their return, but the ITC was neither claimed nor reversed. The consensus is that such credit notes can be ignored when filing GSTR9 if the ITC was not initially claimed.

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Chartered Accountant
86505 Points Posted on 23 July 2021
You can ignore it.
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On 23 July 2021 at 06:34
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Chartered Accountant
24588 Points Posted on 23 July 2021
Yes you can ignore such credit note
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On 23 July 2021 at 11:24

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