Regarding credit note in gst

ITC / Input 255 views 3 replies

Dear Team Members,

I have some issue regarding Credit note in GST..

Actually a party raise a bill in August month of Rs. 236000/- Including GST (GST amt : 36000/-) but we have not taken yet the ITC of this bill... After that party sent a Credit note in January month of Rs. 118000/- including GST (GST amt : 18000/-)... All details has been uploaded by them in GSTR1 in GST portal.

But i want to know can we take the ITC of this bill & how much amount 18000/- or 36000/-....

Want to know the process of claiming ITC...

Please rply asap.

Replies (3)
You will take the ITC of Rs. 36000 as per the earlier bill and pay the ITC of Rs. 18000 as per the credit note

In which month???

in month of February


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