Advocate Manish Garg asked 5 years ago
GSTR-3B when Business is closed and the stock returned to the supplier
In January there are no sales but sales return is there and also no purchase but purchase return is there, where to show these figures in GSTR-3B when business is closed and in future, there will be no sale and purchase.
Answer the question1 Answers
Sudesh Kumar Gupta answered 5 years ago
There is no column in GSTR-3B where you can show your sales return.You need to issue credit note to the party and show it in GSTR-1. In case of purchase return there is column of ITC reversal in GSTR-3B, you can show the input tax credit there. Thanks
