credit note

ITC / Input 115 views 2 replies
What should do buyer in gstr3b and gstr1 ย when credit note issue by supplier?

Please help me.
Replies (2)
In GSTR 3B ADD AS DEBIT NOTE IN OUTWARDS SUPPLIES & IN GSTR 2 ACCEPT CREDIT NOTE ISSUE BY SUPPLIER. NO EFFECT IN GSTR 1
IF ANY DOUBT READ CGST RULES

The additional amount of GST charged in the Credit note can be availed as credit in GSTR-3B.

It will be reported in supplier's GSTR-1.

If GSTR-2 continues, the buyer may have to accept the same in his GSTR-22.


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