https://www.taxtmi.com/forum/issue?id=118551 Failure to disclose credit-debit notes in GSTR-1 for B2C supplies does not automatically prevent reduction of taxable value or tax; the supplier must show that tax incidence was not passed to another person and that adjustments were reflected in GSTR-3B within the statutory period, supported by recipient-end evidence. B2C CDNR should be netted off in GSTR-1, CDNR for B2B is declared separately; amend GSTR-1 if open, or rectify in the annual return if not. Reporting mistakes alone do not negate entitlement to reduce taxable value, but require contemporaneous supporting documentation. en-us Thu, 25 May 2023 21:57:37 +0530 Thu, 23 Jan 2025 15:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118551 Failure to disclose credit-debit notes in GSTR-1 for B2C supplies does not automatically prevent reduction of taxable value or tax; the supplier must show that tax incidence was not passed to another person and that adjustments were reflected in GSTR-3B within the statutory period, supported by recipient-end evidence. B2C CDNR should be netted off in GSTR-1, CDNR for B2B is declared separately; amend GSTR-1 if open, or rectify in the annual return if not. Reporting mistakes alone do not negate entitlement to reduce taxable value, but require contemporaneous supporting documentation. Discussion-Forum GST Thu, 25 May 2023 21:57:37 +0530 https://www.taxtmi.com/forum/issue?id=118551