Debit & credit gst
This query is : Resolved
Vikrant Singh Deo
(Querist)
22 March 2023
we have raise a invoice to the party of Rs.47223.6/- inclusive gst and now we are raising the credit note of Rs.9935.60/- inclusive gst .
payment is being received in advance ..
two questions -
1. how much will we pay to the client now ? because we have raise the credit note and advance payment received .
2. will we need the debit note as well from the client side ?
payment is being received in advance ..
two questions -
1. how much will we pay to the client now ? because we have raise the credit note and advance payment received .
2. will we need the debit note as well from the client side ?
CA R SEETHARAMAN
(Expert)
22 March 2023
1 Pay Rs 9935.60 being credit note value.
2 No need for debit note.
2 No need for debit note.
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