Sale return related issue

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435 Points Posted on 18 May 2020
we make sale to registered persons in April month.... he retun goods to us in may month..... how we adjust in may TR-1
and
is it we have to less from may's sale or othe way..
plz tell me
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On 18 May 2020 at 20:16 Report
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Quick Summary
This discussion clarifies how to handle a sales return that occurs in May for a sale made in April. The process involves issuing a credit note to the customer, referencing Section 34 of the CGST Act. For B2B sales, the credit note must be reported in GSTR-1, and the sales amount for May should be reduced accordingly before reporting in table 3.1 of the GSTR-3B.

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45 Points Posted on 18 May 2020
He returns with debit note and you have to issue a credit note for the same. details of credit note issued (if sales return on May and issued credit note to customer) to be uploaded in gstr1
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On 18 May 2020 at 20:25
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GST Practitioner
55067 Points Posted on 19 May 2020
Issue the credit note as per the provision of Section 34 of CGST .

IN CASE B2b :
Report Credit Note in GSTr 1 under table 9 & in 3B reduce the amount from the May month sale & report the net amount in 3.1 table.
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On 19 May 2020 at 00:52
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121 Points Posted on 19 May 2020
U can issue the credit note to the customer for the amt return by customer
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On 19 May 2020 at 10:41
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435 Points Posted on 19 May 2020
Thnq sir so much
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On 19 May 2020 at 15:05

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