Mukesh Agrawal (40 Points)
20 June 2018
CMA Bhavya
(Assistant Manager Finance)
(862 Points)
Replied 20 June 2018
| IGST | CGST&SGSTT | |||
|
100 | 9 | 9 | |
| Add:Debit Notes Issued for the Month | 20 | 3.6 | ||
| Less: Credit Notes issued for the Month | 40 | 7.2 | ||
| In GSTR 3B--May-2018 | ||||
| (a) Outward taxable supplies (other than zero rated, nil rated and exempted) | 80 | 5.4 | 9 |
Mukesh Agrawal
(40 Points)
Replied 20 June 2018
CMA Bhavya
(Assistant Manager Finance)
(862 Points)
Replied 20 June 2018
I have modifed the answer where CGST & SGST are seperate lines but i added in 1 column just for Example.
Like Value Even Tax also reduce proportionately to the extent of Credit Note issued
Mukesh Agrawal
(40 Points)
Replied 20 June 2018
CMA Bhavya
(Assistant Manager Finance)
(862 Points)
Replied 20 June 2018
Yes its an Practical Problem,
you may try this alternative:
In GSTR-3B: ITC : (5) All other ITC(IGST) + IGST tax amount on Credit Note issued.
Since this is summary, this option is available i think, but decision is left to you
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 20 June 2018
| Originally posted by : Mukesh Agrawal | ||
 |
Sir,I issued a credit note against supplies made during last month containing IGST. but this month I don't have any IGST sales.please guide me how to show this in 3B and where. |  |
You can mentioned in next GSTR-3b in Which you have IGST Sale
You mentioned in GSTR-1
Mukesh Agrawal
(40 Points)
Replied 20 June 2018
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 20 June 2018
| Originally posted by : Mukesh Agrawal | ||
|
but sir this is not reversal of ITCit's reduction of outward tax payable. | |
At Present Electronic Credit Ledger Link with GSTR-3B
Ex.
Apr - Credit Note IGSTTax Amt Rs. 1000
May- IGST Tax Amt Zero
June- IGST Tax Actual Tax Amt Rs. 10000 You may show 9000 after deduction Credit note Tax Amt
CAclubindia
