We are returning material back to supplier and issued a Debit note for the same. Do we need to enter Debit note in GSTR-1. or we just need to reduce our GST input and no treatment in GSTR 1.
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Treatment of Debit note against goods returned in GST Return
Replies (4)
You have to get Credit Note from vendor and he has to file the same in GSTR 1. Based on his credit note you have to reduce your ITC.
Reduce your ITC. No need to show in GSTR-1
Issue an accounting credit note for reconciliation of accounts.
Thanks a lot can you share any authentic reference if any i want to prove it to someone
Gstr1 only related to outward supply.
For you it was an inward supply which you are returning
That will be enough explanation to prove.
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