Hi, this discussion was quite helpful. One follow-up question - when we add amount in credit note do we add in positive or negative value in table 12 and table 13

[Rohit Nigam]

Hello team

When we add amount in credit note we add in positive value. However, in table 12 and table 13, should we add in positive or negative if there is only a credit note (and no invoices) for the current filing period quarter?

Would appreciate some guidance. 

Regards 

RN

AI Summary

Under GST report credit note adjustments by reducing Table 12 values and listing credit note details in Table 13 Under GST, a credit note reduces the supplier's liability; when reporting, reflect the reduction in the values reported in Table 12 and record the credit note document details in Table 13. If only credit notes exist in the filing period (no invoices), report the reduced (adjusted) value in Table 12 accordingly rather than entering separate negative lines, and include the credit note as a document entry in Table 13 so the adjustment is traceable.