I made a sale last year in the month of March 2023 for which I had filled gstr 1 ...
Currently due to non payment I took back my goods from the shop this year March 2024... As the duration for the same is almost a year So how should I show the entry of the return goods in GST -1 as well as on Gst-3?
Menu
Sales return in gst after a year
Replies (5)
you cannot adjust the liability if the credit note has been issued after September. So in this case, no adjustment will be allowed.
As per norms any invoice rectification has to be done immediately.
the amount of stupidity in CA club in terms of responses has gone up significantly!
Not allowed, As per section 34 of CGST Act, Credit note can be issued only before 30.11.
2023 in your case.
Rectification also means issuance of credit note
henceforth do not use these terms.
so return those words
henceforth do not use these terms.
so return those words
Recent Topic
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
Related Topics
CAclubindia
