Vendor registered in MP and material supply to Gujarat in October 2017. Party reject some quantity and same received by vendor in February 2018.
In the month of Feb 18 party has not sale any inter state sale , please guide how will adjust IGT credit the same.
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Sale Return Adjustment
Replies (14)
1. Debit Note has to be raised by the vendor in Feb Month
2. IGST Credit to that extent will be credited to Electronic Credit Ledger
3) He can use that credit to set off output GST in future sales
2. IGST Credit to that extent will be credited to Electronic Credit Ledger
3) He can use that credit to set off output GST in future sales
If no more sales for adjust the IGST Credit Note then You can add the Tax Values in Your IGST ITC Value in GSTR 3B...
| Originally posted by : Uday | ||
 |
1. Debit Note has to be raised by the vendor in Feb Month 2. IGST Credit to that extent will be credited to Electronic Credit Ledger3) He can use that credit to set off output GST in future sales |  |
HELLO .I HAVE ISSUE REGSRDING SALES RETURN AND PURCHASE RETURN,IF BOTH RETURN THROUGH ONLY CASH ,NOT WITH DDEBIT AND CREDIT NOTE SO WHAT EFFECT IN GST RETURN
Mr. Aj j....
Sales Return Also Called Credit Note*...
Purchase Return Also Called Debit Note*...
In Case Ant of Supplies related returns then we can says it Sales Return / Purchase Return...
Sales Return Also Called Credit Note*...
Purchase Return Also Called Debit Note*...
In Case Ant of Supplies related returns then we can says it Sales Return / Purchase Return...
SO , CAN I BOTH RETURN TREATED AS CREDITE AND DEBITE NOTE ? ONE MORE QUESTION ,ONE PARTY GIVE ME DETAILED OF 3B AND IN 3B THEY GAVE ME PURCHASE AND SALE AND ALSO BOTH RETURN AMOUNT,I WAS CALCULED IN 3B PURCHASE MINUS RETURN AND ITS BALANCE AMOUNT WROTE IN ITC TABLE AND SALES MINUS RETURN WROTE BALANCE IN OUTWARD SUPPLIES IS IT WRITE OR NOTE?
2) PARTY ALSO GIVE ME SALES REGISTER INFO TO FILLED GSTR1 BUT PARTY INCLUDED INVOICE OF PURCHASE RETURN AND THEREFOR BECAUSE OF PUR RTN 3B NOT MATCH WITH GSTR 1 ,I THINK THIS PURCHASE RETURN BILL WILL NOT BE PART OF SALES BILL I THINK ,PLEASE SUGGEST ME
as per my personal opinion, you have to issue CREDIT NOTE.
its my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: its not Professional Advice
its my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: its not Professional Advice
SIR KINDLY EXPLAIN IN DETAIL I HAVE SIMILER ISSUE
RAJA SIR NEED TO ASK YOU IN DETAIL, WE HAVE YET NOT FILE GSTR3B DUE TO THIS MESS
| Originally posted by : HIREN SHAH | ||
|
RAJA SIR NEED TO ASK YOU IN DETAIL, WE HAVE YET NOT FILE GSTR3B DUE TO THIS MESS | |
Yeah.,
Ask your query here. In case I have solution then I'll reply.
Also here participate many more experts they will give defenitelly solution for your query...
Sir i am hereby sending a fact sheet for your kind persuals.
Cell:- 7738339900
The Credit Note Value is negative then add to in GSTR 3B - All other ITC.
It will be solved the Problems...
I did not understnad
sir credit nore value is not -ve sir client 26l are with Govt.
sir need to speak to you
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