Debit note / credit note under gst
This query is : Open
21 September 2017
Dear Sir / Madam,
One of our Customer has raised DEBIT NOTE for part consignment of Goods returned by them on 12th September 2017.
This consignment was sold to them in August 2017 i.e. Under GST Rules.
Please advise if DEBIT NOTE / CREDIT NOTE is acceptable under GST Rules in case of Goods Returned
Or Sales Invoice is to be issued ?
Secondly What if Material sold before 01.07.2017 is Returned now ?
Thanks & Regards,
Rachana
One of our Customer has raised DEBIT NOTE for part consignment of Goods returned by them on 12th September 2017.
This consignment was sold to them in August 2017 i.e. Under GST Rules.
Please advise if DEBIT NOTE / CREDIT NOTE is acceptable under GST Rules in case of Goods Returned
Or Sales Invoice is to be issued ?
Secondly What if Material sold before 01.07.2017 is Returned now ?
Thanks & Regards,
Rachana
21 September 2017
In both the case (pre & post) you have to raise a credit note.
Message likes :
1 times
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
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- EPF FULL & FINAL RULES IN 2026
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Experts need help
- Gift Received from nonblood relative
- Management System (IMS)
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
