ENTRY OF CREDIT NOTEHOW TO SHOW AGAINST B2CS IN GSTR1 MARCH AGAINST BILL OF JAN

[nandankumar roy]

SIR, AS PER CREDIT NOTE POSTING REGARDING B2CS SUPPLIER PL CONFIRM WHETHER I AM WRONG OR RIGHT IN CASE OF RETURN PERIOD MARCH GSTR1 , WE HAVE TO DEDUCT TAXABLE AMT FROM PARTICULAR STATE FROM MARCH RETURN EVEN IF THE CREDIT NOTE AGAINST JANUARY INVOICES . PL HELP REGARDING THIS.

WITH REGARDS,

N K ROY

AI Summary

Credit note for January invoice can be reflected in March GSTR-1 return, regardless of original supply date. A user inquired about how to reflect a credit note against B2CS in the March GSTR-1 return when the original invoice was from January. The user asked if the taxable amount should be deducted from the March return for a specific state, even though the credit note pertains to January invoices. In response, another participant confirmed that the credit note generated in March can indeed be shown in the March return, regardless of the original supply date being January 2018.