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credit note for IGST in 3B

20 June 2018

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.

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9 Replies

CMA Bhavya (Assistant Manager Finance) (862 Points)
Replied 20 June 2018

IGST

CGST&SGSTT

B2B Sales made for the Month May-2018

100

Add:Debit Notes Issued for the Month

3.6

Less: Credit Notes issued for the Month

7.2

In GSTR 3B--May-2018

(a) Outward taxable supplies (other than zero rated, nil rated and exempted)

5.4

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Mukesh Agrawal (40 Points)
Replied 20 June 2018

Bhavya Sir,
In case of value, it's alright. but where to reduce IGST credit and how. the portal is not accepting minus figure.
please guide me.

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

1 Like

Mukesh Agrawal (40 Points)
Replied 20 June 2018

that's alright,. Sir. But I don't have any IGST sales during the month. so no IGST is due.

1 Like

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

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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.