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Credit note

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This query is : Resolved

mandeep (Querist)

26 March 2018 Dear Sir,

Greetings

I have a query related to credit Note for sample invoice .

I sent sample material to buyer for testing purpose and issue invoice at that time with charge IGST tax , now he asking for credit note for the same invoice .

could you please clarify me that can I issue credit note for this invoice ,if yes then , can I take ITC which was paid by me to department in .

thanks in advance

RAJA P M

RAJA P M (Expert)

26 March 2018 Yes... You can take ITC for the Credit Note... Bcoz, You are also supplied with GST...

mandeep

mandeep (Querist)

30 March 2018 Dear Raja ji ,
thanks for the reply, but how can i take ITC bcoz material is not returning by the buyer ,it has utilized at their end for some trial . in that case department would we asked for the material if i take ITC on that credit note ..... i m so confuse sir please clarify the same . MATERIAL HAS BEEN UTILIZED BY THE BUYER WHICH WAS TAXABLE .

Please reply ,hope u understand my query

Regards

Mandeep

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