Credit Note & Debit Note under GST
This query is : Resolved
23 December 2020
A GST regd taxpayer has issued credit note to customer in Sept 2020 against goods returned on sale. He reported the same in GSTR 1 and took its effect in GSTR 3B for Sept.
The assessee has noticed that the customer has already issued debit notes against the good returned in August 2020 GSTR1 and is reflecting in October GSTR 2B of supplier.
The assessee has reduced his output liability in GSTR 3B of sept but due to debit note effect, ITC is reflecting in GSTR 2B of Oct. Thus the GST portal is having double effect of this credit note amount
How to take the correct effect?
The assessee has noticed that the customer has already issued debit notes against the good returned in August 2020 GSTR1 and is reflecting in October GSTR 2B of supplier.
The assessee has reduced his output liability in GSTR 3B of sept but due to debit note effect, ITC is reflecting in GSTR 2B of Oct. Thus the GST portal is having double effect of this credit note amount
How to take the correct effect?
23 December 2020
Ask the customer to cancel the debit note. In GST,it is not correct for the customer to issue debit note to supplier.
Message likes :
1 times
23 December 2020
If the customer is not willing to cancel the debit note then how to proceed in this case
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