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Regarding Credit Note

Kamlesh Tolani (accountant) (562 Points)

21 September 2020

Respected members
in August month
sales rs.100000
and
credit note is rs. 175000
so how to show in gstr3b.

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5 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 21 September 2020

In August Month GDTR 3B, Show Sale as "Zero"..(1,00,000-1,75,000= Negative 75,000)
and September month GSTR 3B, Adjust that 75,000 credit Note against sale of September month..

Kamlesh Tolani (accountant) (562 Points)
Replied 21 September 2020

Thank u very much sagar sir

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 21 September 2020

Most welcome...........

CA Sachin M Jain (CA | GST | Refunds | Advisory | Litigation) (1313 Points)
Replied 21 September 2020

This is the case of sales return more than sales for the month.
GSTR 3B do not accept negative amounts.
You will have to report 0 in August and c/F the balance to the subsequent month(s)

For further clarification contact CA SACHIN M JAIN
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Bhavika Kothari (CA) (1258 Points)
Replied 28 September 2020

GSTR-3B does not accept negative amount. Show 100000 in the current month. For rest of the amount show the details of credit note in GSTR-1 but not in GSTR-3B. In GSTR-3B you can show this amount in next month