Purchase return show in GSTR1?
ashish dharkar (accountant) (140 Points)
26 July 2021
IS IT COMPULSORY TO SHOW PURCHASE RETURN IN GSTR1?
6 Replies
Harsh Khemchandani
(126 Points)
Replied 26 July 2021
Only Debit note number for such to be mentioned
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 26 July 2021
If a credit note is generated by the supplier, the supplier is required to file the same as part of gstr1 and 3b.
If a debit note has been prepared by the recipient, then no need to disclose in gstr1 of the recipient, interest ITC to be manually reduced from gstr3b. Further, insist the supplier to issue a credit note against such debit note.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 26 July 2021
In GST, purchase returns shall be shown in GSTR 1 return. There is one separate column in GST return where in the taxpayer can show the all the purchase return made during the given period. However, this is treated as “debit note” in GSTR 1 return. Therefore, one needs to show it under debit note column.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 26 July 2021
Purchase return is not be shown by the recipient in gstr1.
Any return of goods is to be shown by the seller in gstr1
Any return of goods is to be shown by the seller in gstr1
JJJ
(Need help)
(675 Points)
Replied 19 February 2022
GSTR1 is for the seller to file, with information on sales only (sales and sales returns). No purchase information goes in this return.
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