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Purchase return show in GSTR1?

ashish dharkar (accountant) (138 Points)

26 July 2021

IS IT COMPULSORY TO SHOW PURCHASE RETURN IN GSTR1?

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6 Replies

Harsh Khemchandani (126 Points)
Replied 26 July 2021

Only Debit note number for such to be mentioned

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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.