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All QuestionsCategory: GST ConsultancySales Made in March, Due to Lockdown transaction cancelled in April
Profile photo of Puneet KalraPuneet Kalra asked 2 weeks ago

Sales Made in March, Due to Lockdown transaction cancelled in April

Hi,

I’m an e-Com seller.┬áIn March, I shipped a few orders just before lockdown. Due to lockdown, these orders did not reach customer and In April, all such customers were refunded and I received orders back.

For the month of March, I considered these transactions are sale in GSRT 3B as well as in GSRT 1

In April, I have only returned/cancelled orders. No sale is made. My question is where in GSTR 3B and GSTR 1, I can show these transactions?

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Profile photo of HITESH LUNIAHITESH LUNIA replied 1 week ago

Show as credit note in GSTR 1 of April.

For GSTR 3B you need to reduce the value in the subsequent months when you sell goods.