Supplier failed to furnish credit notes in monthly return GSTR 1 and GSTR 3B for F.Y 2017-18., Goods and Services Tax - GST

[JIGAR SHAH]

Case :

Supplier (Mr.A) made B2B sales and also issued credit notes against such sales in F.Y 2017-18. However supplier (Mr. A) has not furnished details about such credit notes in monthly GSTR 1 and GSTR 3B for F.Y 2017-18. Supplier (Mr. A) made full payment of GST without considering credit notes for F.Y 2017-18.

Issues :

What will be the effect of credit notes to be given in the annual return GSTR-9 and GSTR-9C for F.Y 2017-18 when such credit notes details were not furnished in the monthly GSTR 1 return of F.Y 2017-18 by (Mr. A)?

Posts / Replies

[YAGAY andSUN]

In our view benefit of GST may be allowed.