QUESTION

IN A PARTICULAR PERIOD, MY SALES RETURN IS HIGHER THAN SALES. THIS RESULTED IN NET igst SHOWN IN MINUS. (3.1.a) 3B IS NOT ACCEPTING MINUS FIGURE. HOW TO FILE 3B.

ANSWER

GSTR-3B will not allow negative figure, you can adjust Sales return only to the extent of Outward sales liability for a particular month. In case Sales return is more than sales value then balance should be adjusted in next month.

(Reply dt.17-03-2020)