28 April 2021
We have issued debit note for purchase return in Feb’21 and issue e way bill but party has refused to take the delivery from the transporter office. We have already reduce our ITC by debit note.
We have re book material to our office in Mar’21.
What should we can do in this case? If GSTR-3B not file for the month of Mar’21
28 April 2021
Since you have already reversed input tax credit, on tax aspect nothing needs to be done. Just pass a reversal inventory entry for receipt of goods. But, if you wish you cancel the debit note, you may do so and avail input tax credit back while filing GSTR3B.
CAclubindia
