Credit note
This query is : Open
04 April 2018
My Query is related to Issuance of Credit Note due to revision of GST Rate. One of my clients have issued few Bills @ 28% GST. However this rate was reduced to 18% by a Notification. Now we want to raise a Credit Note for Difference in Tax Charged.
As of now there is no option available at GSTN Portal for uploading these type of Credit Notes.
Please advise, how the matter is taken care off. Whether Credit Note for whole of the Bill to be issued first and then Fresh Invoice at new Tax rate to be raised. or can we raise credit note for diffence amount of tax only.
As of now there is no option available at GSTN Portal for uploading these type of Credit Notes.
Please advise, how the matter is taken care off. Whether Credit Note for whole of the Bill to be issued first and then Fresh Invoice at new Tax rate to be raised. or can we raise credit note for diffence amount of tax only.
04 April 2018
i) One of my clients have issued few Bills @ 28% GST - When it's issued after change of rate or before?
ii) Which rate You are select?
iii) Which amounts you raise Credit note?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- TDS ON CASH WITHDRAWALS...
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Which ITR To be filed by dentist
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
