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sale returns

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mukund

manager

487 Points Posted on 19 December 2017

how to show sale returns in gstr3b suppose my sale amount in Nov is 1200000 and my party returns the goods in Nov , which was sold in sep , amount is rs 55000/_ how to show in gstr3b of nov 17 and if same month's sold good is returned back by the buyer in the same month then what is the treatment in gstr3b?

Replies (18)

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 December 2017

Less the sales return values in your sales value. So, simple..

Divakar

Student CA Final

11857 Points Posted on 19 December 2017

Net sales should be shown in gstr3b.... Sale return should be deducted in the month of sales return from that month of sales.. U show sale in November month Rs. 1145000

mukund

manager

487 Points Posted on 19 December 2017

thanks ,
then is it necessary to give details of credit notes in gstr 1?

Divakar

Student CA Final

11857 Points Posted on 19 December 2017

Yes credit note should be shown in gstr1 in the month of sales return

mukund

manager

487 Points Posted on 19 December 2017

my thinking was that show full amount of sale and take the credit of sale return as a purchase as there is credit note. IAM till confused so please guide me

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 December 2017

You ll file GSTR 3B as per my reply (Sales Values - Credit Note Values)... In GSTR 1 you ll show the sales value Fully for the November month invoices and also show the Credit Note details in particular columns for Credit Note area. It's automatically less from sale value....

Divakar

Student CA Final

11857 Points Posted on 19 December 2017

This in not the right way.... Although consequence on tax is same in both case but u should show net sales and net purchase

mukund

manager

487 Points Posted on 19 December 2017

ok thanks Mr Raja

mukund

manager

487 Points Posted on 19 December 2017

thanks Mr Divakar

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 20 December 2017

(It's not correct way) then how to get the sales return input in GSTR 3B...? In case you can't aware any of the details please ask your seniors or contact any nearest Consultant... Also ask in CCI portal. Don't be banned others reply....

Divakar

Student CA Final

11857 Points Posted on 20 December 2017

Helo raja sir... Don't be over reacted and think u r over smart every time... I am not replying to u... I said to the queriest that in gstr3b there is no option for credit notes and debit notes... It should be deducted from sales and net sales should be shown... Don't know why u overreact everhtime... And u think only u know everything... Please behave like a senior its last request to u🙏🙏🙏🙏

Divakar

Student CA Final

11857 Points Posted on 20 December 2017

When i am not aware of anything i didn't reply of that query... Plz stop giving over reactions every time... Ur reply in this forum is truly correct.... I told to queriest that this is not right way