Reena (Partner) (221 Points)
12 October 2022If we issued a credit note for invoice raised the previous tax period for Rs 10 Lakh, and the invoice raised for the same SAC in the current period is Rs 2 lakh, this would make the net supply for that particular SAC to be -8 Lakh.
How can we report this in the HSN wise summary in GSTR 1?
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 14 October 2022
Table 9 needs these Amendments to outward supplies that are taxable and reported in table 4,5 & 6 of the earlier tax periods’ GSTR-1 return (including debit notes, credit notes, refund vouchers issued during the current period)
Table 7 for interstate supplies. But this input tax claim is not mwntiined very cleary on the net.
I also have a doubt about the question, if you have sales return for 10 lakhs previous period filed and 2 laks, i believe you can adjustments to 8 laks and provide the infomation while filing.
CAclubindia
