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Sales return is greater than sales ?what do in 3b

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Jishad T

GSTP

211 Points Posted on 03 June 2020

my sales on april 2019 is 400000+(18% tax) b2b supply

may to sep sales 35000 +(18% tax)

december sales 15000+(18% tax) ,sales return 300000+(18% tax)

jan-march sales 23000+(18% TAX)

THESE ARE MY DATA

DECEMBER MONTH SALES RETURN EXCEEDS SALES

negative figure not entering in 3B AND I FILED 3B OUTWARD SUPPLY AS ZERO

we filed as in

3b december outward supply -0

3b-january,feb,march -outward supply-0

STILL DIFFENCE IN SALES RETURN AMOUNT (300000-(23000+15000)=262000)

CAN I FOLLOW THIS WAY IN NEXT FY 20-21

BALANCE DEDUCT IN 3B WHERE SALES EQUAL 262000 IN NEXT 6MONTHS

Replies (3)

Quick Summary

This discussion addresses a common accounting problem where sales returns are greater than sales, specifically within the context of filing GSTR-3B. The user experienced a situation in December where returns (£300,000) surpassed sales (£15,000), leading to a negative outward supply figure that couldn't be entered into GSTR-3B. Consequently, outward supplies were reported as zero for December and subsequent months. The user is seeking advice on how to handle the remaining difference (£262,000) and whether it can be offset against future sales in the next financial year. The advice given suggests that GSTR-1, which allows for negative sales and credit notes, should be filed correctly, and any excess claims in GSTR-3B will be adjusted in the future.