CREDIT NOTE

ITC / Input 2059 views 17 replies
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175 Points Joined July 2017
In GSTR1 at GST portal credit note amount enter in positive or negative.
But I was uploaded json file directly from Tally ERP to GST portal showing negative amount of credit note.

reply urgently I am waiting for your valuable reply
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On 10 June 2018 at 10:52 Report
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24196 Points Joined May 2018
Negative figures not allowed in gst.
When Did you raise credit note.
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On 10 June 2018 at 11:03
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175 Points Joined July 2017
but portal accept it negative figure via json file
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On 10 June 2018 at 11:16
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314 Points Joined November 2017
From the May month return credit note issued is taken in negative amount as it is deducted from sales and it ultimately decrease the sales amount. You can file the return, their is no problem regarding that.
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On 10 June 2018 at 11:18
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502 Points Joined February 2018
it is correct, this month onwards showing negative values in GST portal eventhogh we are uploading positive values for credit notes. nothing wrong in GST portal.
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On 10 June 2018 at 11:19
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175 Points Joined July 2017
Prakin ,
can I enter positive value or not in May2018 GSTR1
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On 10 June 2018 at 11:23
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24196 Points Joined May 2018
Follow Mr prakin advice
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On 10 June 2018 at 11:27
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314 Points Joined November 2017
you should enter the amount, and amount can't be in negative figure.

Before filing the return you should take a screenshot of the screen and tag the @ askGST on Twitter and also raise grievance. If problem is resolved then file according otherwise later file the GSTR-1 in negative figure only.

Also you should file GSTR-3B with net taxable value after deducting the amount of those credit note.
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On 10 June 2018 at 11:28
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502 Points Joined February 2018
ya should enter positive values only
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On 10 June 2018 at 11:30
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175 Points Joined July 2017
means finally I ask to GST department.
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On 10 June 2018 at 11:31
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4510 Points Joined July 2017
Originally posted by : prakin singhal
From the May month return credit note issued is taken in negative amount as it is deducted from sales and it ultimately decrease the sales amount. You can file the return, their is no problem regarding that.

Dear Prakin Ji

Related to issue of GSTR-1, If GSTR-1 in portal not show Credit Note 

Than Its Not Correct Filed of GSTR-1 

 

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On 10 June 2018 at 11:32
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314 Points Joined November 2017
For safer side you should consult them, and in case of no resolution you should file your return.
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On 10 June 2018 at 11:33
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24196 Points Joined May 2018
In which table it is showing negative amount. Please mention.
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On 10 June 2018 at 11:34
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4510 Points Joined July 2017
Originally posted by : Vijay Sharma
In GSTR1 at GST portal credit note amount enter in positive or negative.But I was uploaded json file directly from Tally ERP to GST portal showing negative amount of credit note.reply urgently I am waiting for your valuable reply

Check in  Portal GSTR-1 

Whether Credit Note refeclted 

Than okay otherwise generate CSV File and exclude Credit note Amount from B2B & B2C 

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On 10 June 2018 at 11:35
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502 Points Joined February 2018
u can go ahead.Nothing showing wrong in Gstr1.
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On 10 June 2018 at 11:37


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