Regarding itc & credit note in gst

Dear Team Members,
I have some issue regarding Credit note in GST..
Actually a party raise a bill in August month of Rs. 236000/- Including GST (GST amt : 36000/-) but we have not taken yet the ITC of this bill… After that party sent a Credit note in January month of Rs. 118000/- including GST (GST amt : 18000/-)… All details has been uploaded by them in GSTR1 in GST portal.

But i want to know can we take the ITC of this bill & how much amount 18000/- or 36000/-….
Want to know the process of claiming ITC…
Please rply asap.

Asked on February 18, 2019 in Miscellaneous.
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1 Answer(s)

You can claim net ITC i.e. 18000(36000-18000).

Answered on February 18, 2019.
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