Delinking of Credit/Debit Notes from Invoice (GSTR 1 /GSTR 6 or Filing refund)
Update on GSTN Portal
TM/GST/091 dated 17th September, 2020
Delinking of Credit Note/Debit Note from invoice, while reporting them in Form GSTR 1/GSTR 6 or filing Refund
Recently GSTN has enabled facility to delink reporting of debit note or credit note correspond with original invoice to which it pertains. Earlier, for each debit or credit note tax payers had to report invoice-wise details. This is much awaited change being introduced on GSTN portal while filing GSTR 1 (Outward supplies) or GSTR 6 (ISD Return) or filing refund applications.
We are pleased to attach a brief note on such chance with a comparison on earlier and updated facility –
a. Till now, original invoice number was mandatorily required to be quoted by the taxpayers, while reporting a Credit Note or Debit Note in Form GSTR-1 or Form GSTR-6
Screenshot of Earlier Reporting Requirement in GSTR 1 -
b. Following facility has been introduced for taxpayers on GSTN Portal with this respect:
Single credit note or debit note issued in respect of multiple invoices can be reported while furnishing Form GSTR-1 or in Form GSTR-6,
Supply Type can be chosen as Regular, SEZ, DE, Export etc., to identify the table to which such credit note or debit note pertains
Place of Supply (POS) can be selected against each credit note or debit note, to identify the supply type i.e. Intra-State or Inter-State (State-wise POS Debit note or Credit notes to be reported)
Debit /Credit Notes can be declared with tax amount, but without any taxable value alsoe. if credit note or debit note is issued for difference in tax rate only, then note value can be reported as ‘Zero’. Only tax amount will have to be entered in such cases.
While reporting amendments to credit note or debit note similar changes has been introduced.
Screenshot for Current delinking of Debit or Credit Note from Invoice -
Note – You may observe that Original Invoice Number and Original Invoice Date has been dispensed with.
c. Change in Refund Module for aforesaid enhancement -
Now, while applying for refund, taxpayers can report such credit notes or debit notes in statements (filed during filing the refund application) without mentioning the related invoice number. The taxpayer would be required to select the document type from a drop-down comprising of invoice/ debit note/ credit note.
Changes has been introduced while filing following type of refund applications –
Refund for export of services with payment of tax
Refund on account of goods & services without payment of tax
Refund on account of supply of goods or services to SEZ with payment of tax
Refund on account of supply of goods or services to SEZ without payment of tax
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