Say for example we sold goods worth RS 100000+cgst 90000+sgst 9000=118000 and paid GST by filing GSTR3B
NOW, The buyer returned goods worth RS. 50000
can I issue a credit note to the buyer as follows?
Sales return 50000
cgst 4500
sgst 4500
total 59000
please respond
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Sales Return
Replies (5)
Yes u can proceed
yes you can raise a credit note
then how should I show this in 3b in the month of credit note?? shall I reduce the turnover and tax to the tune of above mentioned amount?
Yes you can reduce and show
In GSTR3B, You will have to less credit note in your details of outward supply.
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