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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Is it compalsary to debit note in gstr1 buyer?
Replies (2)
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
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
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
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