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Is it compalsary to debit note in gstr1 buyer?

ashish dharkar (accountant) (140 Points)

15 February 2022

Dear sir/Madam,

I am a supplier and I have issue credit note now buyer also need to show debit note in his GSTR1?

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2 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 15 February 2022

Yes .

It's sales return for you & purchase return for the buyer.

Sales return : Credit Note
Purchase return : Debit note .

So even buyer has to show debit note in their GSTR-1

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CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 15 February 2022

In GSTR-1 only suppliers show the details. The purchaser will generate a debit note but only for his accounts and reduction of ITC but will not show in GSTR-1