If the sales return amount is more than the sales amount, the negative value is been captured in GSTR-1 but not in GSTR-3B. What to do in such a case?
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Quick Summary
When your sales returns exceed your sales, it can create a discrepancy between GSTR-1 and GSTR-3B reporting. While GSTR-1 captures the negative value, GSTR-3B requires a different approach. You can deduct sales returns up to the value of sales in the current month's GSTR-3B, reporting zero for the excess. The remaining unadjusted sales return amount can then be claimed in the subsequent month's GSTR-3B filing.
Deduct the sales return amount to the extent upto the value of sales. And show 0 also deduct the balance which undeducted during this month can be deducted in 3B of next month.
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