Menu
urgent
We are registered dealer under GST and during the monthof may 18 , some goods purchased by us in April 18, returned to seller in may 18 month. Where to show purchase return amount and GST amount in GSTR 1 of may 18 month
Replies (6)
you can give Debit note to supplier
YOUR SUPPLIER WILL ISSUE CREDIT NOTE TO YOU AND YOU WILL HAVE TO REVERSE YOUR CREDIT YOU Have taken in the month of April..
For that supplier will issue credit note & you have to reverse such ITC in May
No need to show in GSTR 1, as is for outward supply only & Gstr2 has not been started yet Hence...
Show it in 3b by reducing ur itc of that month
Show it in 3b by reducing ur itc of that month
thank u so much all of u
welcome....
Recent Topic
- 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
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
