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Rectification of GSTR- 3B

Vinod Kumar Daftari (Sr. Accounts Officer) (53 Points)

29 April 2021

My tax liability was shown higher than gstr 1 due to one debit note. how can I rectify figures of gstr 3b in next month.
Please advise.

Regards

Vinod

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3 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14151 Points)
Replied 29 April 2021

1) Are this retrun both GSTR1 and GSTR 3 are for the month March 21 ?

2) What is the reason for Debit Note issued by the Supplier ?.

3) please elaborate in details .

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Vinod Kumar Daftari (Sr. Accounts Officer) (53 Points)
Replied 29 April 2021

Yes both returns belongs to March 21.

Debit note was raised by me on purchase due to rate difference, which was updated by me in GSTR- 1 of March 21.

Regards

Vinod

CMA Poornima Madhava (CMA) (13097 Points)
Replied 29 April 2021

1) Debit notes raised by you cannot be uploaded as part of GSTR1. If you have already done that, you can reverse the entry when you file GSTR1 for the subsequent tax period.

2) Also ask your vendor to raise a credit note (in respect of the debit note) and upload the same.

3) As far as GSTR3B is concerned, you are required to reverse the input tax credit to the extent of debit note (by manually reducing the ITC). Once the vendor uploads the credit note, ITC mismatch will be taken care of.

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