TMI Bloggstr-9 reportingX X X X Extracts X X X X X X X X Extracts X X X X ..... Company A sold material in July 17 worth ₹ 100000/- @18% GST - of ₹ 18000/- was charged and out put liability has been discharged Now in Sept 17 the material was returned back by the recipient B in Oct 17 under challan as a supply Company A took ITC in Nov 17 in 3B of the returned material but did not show it as purchase instead shown in GSTR-1 as credit note however in 3B cred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it note was not shown and the and accordingly liability not adjusted this is a case of itc taken in 3B on return material, but corresponding credit note shown in GSTR-1 however credit note not adjusted in 3B how above is to be disclosed in the GSTR-9 by company A - Reply By Ganeshan Kalyani - The Reply = This depends upon your accounting treatment in the books of account. Did you show ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n as sales return or purchase. Accordingly, it will be shown in the GST annual return. - Reply By MaruthiRam Gullapalli - The Reply = As Part II of GSTR 9 heading clearly mentions Details of Outward and Inward supplies made during the financial year . You can do the following 1. Outward supplies in Part II are auto-populated from GSTR 1 . Now you may rectify them according to your Books ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Account. 2. In case ITC has been wrongly taken on credit note raised, then the reversal can be made in 7H of GSTR 9 - gstr-9 reporting - Query Started By: - Madhavan iyengar Dated:- 22-6-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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