Credit Note
Deepanshu Garg (Student) (273 Points)
03 May 2019
I had issued a credit note (worth Rs. 9,000) to an unregistered dealer. Where to show that in GSTR 1.
4 Replies
Asiya Begum
(Chartered Accountant)
(687 Points)
Replied 03 May 2019
You can reduce the same from the subsequent B2C sales and show the net amount in GSTR-1.
Deepanshu Garg
(Student)
(273 Points)
Replied 03 May 2019
Actually the credit note pertains to F.Y. 2017-18. Also, I am yet to file GSTR 1 for March 2019.
Asiya Begum
(Chartered Accountant)
(687 Points)
Replied 03 May 2019
Assuming GSTR 3B for March'19 is also yet to be filed, you can give effect of the credit note in March'19 returns only. Post that, the credit note pertaining to FY 17-18 cannot be adjusted.
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