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 and GSTR 3B of F.Y 2017-18 by (Mr. A)? How supplier claim such credit notes?

Posts / Replies

[Ganeshan Kalyani]

Any adjustment to the invoice pertaining to FY 2017-18 was to be carried out in the return upto the month of March, 2019. Now, there is no scope for taking benefit of credit note.