Credit notes in GSTR-9

[KARAN VERMA]

Sir, my question is Credit note belong to 2020-21 shown in books of accounts in 2020-21 but mentioned in GSTR-1 and GSTR-3B return in August-2021.

Where to show such credit notes in GSTR-9 annual return ?

AI Summary

How to Report Credit Notes from 2020-21 in GSTR-9: Include Until September 2021 GSTR-3B Deadline A participant in a discussion forum inquired about where to report credit notes from the 2020-21 financial year in the GSTR-9 annual return, given they were recorded in the books for 2020-21 but reported in GSTR-1 and GSTR-3B in August 2021. One respondent advised that credit notes for 2020-21 should be included in the GSTR-9 return for that year, as the law permits inclusion of such notes until the GSTR-3B filing deadline for September 2021. Another respondent emphasized that credit notes should be disclosed in the year they were issued, affecting the annual return accordingly.