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Debit note treatment under gst

This query is : Resolved 
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(Querist)
02 October 2018 Dear Sir,


My debtor issue me a rate difference debit note, can i take benefit of ITC against rate difference debit note?If no , then why i can't take benefit?
Please help me...

Thanks & Regards,
Rajni
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pratika chawla

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pratika chawla (Expert)
03 October 2018 Yes, you can take the benefit of GST on the debit note.
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rajni sharma

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rajni sharma (Querist)
03 October 2018 Thanks for replying me .

Somewhere i heard rate difference debit note can not be considered and can not take benefit of the same. Gst will be part of sale..
Mam, please suggest me from where i can read about Debit note under GST.

Thanks & Regards,
Rajni
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
03 October 2018 You can reverse GST if:-
This Rate Difference should be mention in your sale agreement before sale or it was already fixed before sale taken place.
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