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Debit note in GST please help

Ankush (Student) (1329 Points)

13 February 2019

Can debit notes be issued by both purchaser and seller?

For example in case of sale return seller issues credit note to purchaser. Now can purchaser issue a debit note also instead.

How are details of credit/debit notes populated in GSTR 2A?

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12 Replies

Kunal Pansari (Accountant) (1037 Points)
Replied 13 February 2019

Only one note can be issued either from any ook one end. That means purchaser can issue debit note only if seller has not issued the credit note

Ankush (Student) (1329 Points)
Replied 13 February 2019

Thank you. Only debit/credit notes issued by third party reflect in 2A?

Arunn Auto Sparess (203 Points)
Replied 13 February 2019

for B2B you raise separate CN B2C you can raise consolidated CN

Afreen Fatima (Aricle Assisstant (Final Year)) (129 Points)
Replied 13 February 2019

Only supplier will issue DN or CN in GST.

NITIN SAKPAL (Sr Executive - Indirect Taxation) (145 Points)
Replied 13 February 2019

Mr Ankush,

In GST regime only supplier can issue debit note / credit note, which will subsequently uploaded by supplier in his GSTR1 and will reflect in customer's GSTR2A

Regards,

Sakpal Nitin

Santosh Nikumbh (Commercial Manager) (28 Points)
Replied 13 February 2019

it is understood that only suppliers can issue the Debit / Credit Note against the supply, in case supplier is not ready to issue the Credit Note is such case can buyer raise Debit Note against the same to settled the account, if so what will be the implication in GST returns.

Sajal Mandal (294 Points)
Replied 13 February 2019

Credit note and Debit note issued by supplier only. Recipient does not liable for that.

Sivaraman A R (.) (1038 Points)
Replied 13 February 2019

Only Seller can raise debit note or credit note in GST . When a seller issues sales invoice to purchaser, generally purchaser dont issue purchase invoice for it to seller. same concept.

Sivaraman A R (.) (1038 Points)
Replied 13 February 2019

If seller is reluctant to issue to credit note, then only option in GST is purchaser to issue sales invoice to Seller for purchase return. No other option is available. Other implications are there for this act

Sivaraman A R (.) (1038 Points)
Replied 13 February 2019

karthik (Student) (23 Points)
Replied 16 August 2021

Hi,

I have purchased 20 items of some good X for 100 rupees. Later I returned 10 items to the seller. I declared it as debit note in GSTR 1. I didn't receive any credit note from the seller. This happened in 2017. Now, there is a discrepancy in my 1 vs 3B. Tax officials are asking me to pay the difference. What should I do now? can the seller still issue me a credit note for these items I had returned? (Using small numbers for my understanding)