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Query on credit note in gstr 1

Ajay K Meher (Others) (40 Points)

07 March 2018

My vendor has issued me 5 credit notes in October, which was not known to me until I saw it in the GSTR 2A for October. These credit notes were associated with bills it gave me in the month of September.

What should I do now? Where should I show these credit notes? I have already filed 3B till Feb 2018 without these credit notes. ANd I hv filed GSTR 1 till October.

I am confused as to where these credit notes need to be shown? Plz Help.

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7 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 07 March 2018

Enter in nov17 GSTr 1 , ( Enter CNT by dt. of issue (Oct) it will accept in Nov 17 return), when GSTr 2 will start filing , mark pending in Oct in gstr2a, & accept the same in Nov17
In 3b show it in the march & deposit the exceed liabilities with interest.

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 08 March 2018

You credit note from Your Supplier...?

If yes...
In current scenario You can't show the details in your GSTR 1 return. Bcoz, It's your inward supplies..
Your Supplier only show the details in his GSTR 1 return. And You consider or ask to the supplier for update the details... Also search in Credit note / Debit Note column in GSTR 2A which is Your supplier GSTR 1 return...
Bcoz, It had some of taps...

(As per my view.,
GSTR 2 and 3 returns can't available for the FY 17-18. I think it's start from Next FY. It's only my view and Understanding)