cgst and sgst of purchase return
.hiw to treat in 3B return
Report it under Table 4(B)(2) of GSTR 3B .
Note:
The same Must be also reflected in your 2B under Credit Note Section.
3 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 01 May 2021
Either deduct it from ITC or you can show it as reversal of ITC.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 May 2021
With the implementation of auto computing with GSTR-2B show such purchase return in ITC reversal others since system is treating it that way
Secondly reverse the amount in the month you return the purchase regardless of it being shown by supplier since you as the buyer is liable to reverse such ITC timely.
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
