if debit note receive from a receiver of goods then what is the best treatment to do in portal . whether shown it ni gstr1 as debit note or deduct it from inputs claimed of that particular month.
Yes, you have to show debit note only in GSTR1 there is no effect on ITC, you have to deduct same amount from GSTr 3b of next GSTr 3b and reduce your tax liablity as it's your Sale return
CAclubindia
