Negative sales amount in GSTR-3B

[Nisha Prabhu]

If the sales return amount is more than the sales amount, the negative value is been captured in GSTR-1 but not in GSTR-3B. What to do in such a case?

AI Summary

Guidance on Handling Negative Sales Amounts in GSTR-3B and Claiming Credit for Taxable Goods in Table 4. A query was raised regarding the issue of negative sales amounts in GSTR-3B when sales returns exceed sales amounts. The negative value is recorded in GSTR-1 but not in GSTR-3B. The response advised that if the sales return pertains to taxable goods, credit can be claimed in table 4. If the goods are exempted and sales exceed sales returns, the sales can be netted off.