CREDIT NOTE
Sunil Agrawal (225 Points)
07 January 2019
we have received credit note from our suppler including GST where we show in 3b or gstr1
4 Replies
CA Vijeta Nathani
(Chartered Accountant)
(505 Points)
Replied 07 January 2019
Kindly, give the net effect in ITC in form GSTR-3B.
You don't need to give details in GSTR-1.
Your supplier will upload in his GSTR-1, this will automatically reflect in your GSTR-2A. You just need to accept the note, if the details are correct.
Sunil Agrawal
(225 Points)
Replied 07 January 2019
but this is earlier month we can set-off in this month if yes which column in
CA Vijeta Nathani
(Chartered Accountant)
(505 Points)
Replied 07 January 2019
Yes. You can give effect in current month.
You need to show in Table 4 - Eligible ITC in details of point (B)(2) ITC reversed in case of others.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 January 2019
@ Mr Sunil Agarwal.,
The Tax amount will be less in Your ITC value and show the balance in Your current or next month GSTR 3B return...
No more effects in Your GSTR 1 return
The Tax amount will be less in Your ITC value and show the balance in Your current or next month GSTR 3B return...
No more effects in Your GSTR 1 return
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