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CREDIT NOTE

10 June 2018

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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17 Replies

Vinod Babu (24191 Points)
Replied 10 June 2018

Negative figures not allowed in gst.
When Did you raise credit note.

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Vijay Sharma (175 Points)
Replied 10 June 2018

but portal accept it negative figure via json file

prakin singhal (314 Points)
Replied 10 June 2018

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.

MURALI NADIMINTI (502 Points)
Replied 10 June 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.

Vijay Sharma (175 Points)
Replied 10 June 2018

Prakin ,
can I enter positive value or not in May2018 GSTR1

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Vinod Babu (24191 Points)
Replied 10 June 2018

Follow Mr prakin advice

prakin singhal (314 Points)
Replied 10 June 2018

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.

MURALI NADIMINTI (502 Points)
Replied 10 June 2018

ya should enter positive values only

Vijay Sharma (175 Points)
Replied 10 June 2018

means finally I ask to GST department.

Ravi SADhiyan (Practice) (4510 Points)
Replied 10 June 2018

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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prakin singhal (314 Points)
Replied 10 June 2018

For safer side you should consult them, and in case of no resolution you should file your return.

Vinod Babu (24191 Points)
Replied 10 June 2018

In which table it is showing negative amount. Please mention.

Ravi SADhiyan (Practice) (4510 Points)
Replied 10 June 2018

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