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B2C credit note

29 October 2019

In GSTR-1, there is option of showing credit notes relating to B2C(L) only. How to show credit notes pertaining to B2C(S)?

Is it through B2C amendment column or is there any other way?

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4 Replies

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 29 October 2019

No need to report CNT issued in regard to B2c small.
Reduced it from sale & Report the Net sale in table 7

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 30 October 2019

Is it through B2C amendment column or is there any other way?

Just less the Current month B2C sales values and show the balance amount.

Vatsla Alagh (1545 Points)
Replied 30 October 2019

If there is no B2C sales in current month? Also, transaction pertains to fy 18-19 and sept being the last month for any adjustments

Kumar Sushank (General Manager - Finance) (1040 Points)
Replied 07 November 2019

You can put the figure as negative in Table 7, If B2C sales are not in current month.

According to Sec 34(2) of CGST Act: You can't issue a credit note of FY 2018-19 after September Month.

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