21 September 2017
If an invoice is generated now and relevant output tax is paid on the same and later on if turnover or scheme discount is given and credit note is issued for the same then will impact of gst be there on the credit note means will GST output be reduced. please suggest.
21 September 2017
Concept of credit / debit note GST regime is made so that proportionate increase or decrease in tax is effected for the return of supplies.
CAclubindia
