Report negative value in GSTR-3B by virtue of credit Note
This query is : Resolved
21 September 2020
We issued credit note in the month of July 2020 pertaining to IGST supply of goods of previous year 19-20. We don't have any IGST outward supply for offset of the credit note and in future also there is no possibilities of IGST supply. further GSTIN are not allowed to report the negative value. How we report the same in GSTR3B.
Amit Jain
Amit Jain
21 September 2020
GSTR#B does not permit -ve values.
22 September 2020
Check negative values allowed now'.
22 September 2020
Dear Shri CA R Seetharaman, we are under Quarterly return filing obligation, so we do not find option.
22 September 2020
Adjust it in annual return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
