GSTR 1 query

[nirali pandya]

I have issued credit notes to Unregistered buyer amount of which is less than 2.5 lacs and who is located within state. Where do i report this kind of credit notes in GSTR 1?

AI Summary

Guidance on Reporting Credit Notes for Intra-State Supplies under 2.5 Lakhs in GSTR 1: Table 7 or B2CS Options A user inquired about reporting credit notes issued to unregistered buyers for amounts under 2.5 lakhs within the state in GSTR 1. Two responses were provided. One advised reporting these in Table 7 of GSTR 1, which includes taxable supplies to unregistered persons, noting that values should be net of debit and credit notes. The other response suggested showing the credit note in B2CS, indicating the net figure as sales minus sales return. Both responses emphasized reporting for intra-state supplies under the specified conditions.