Debit note treatment under gst
This query is : Resolved
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
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
03 October 2018
Yes, you can take the benefit of GST on the debit note.
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
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
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.
This Rate Difference should be mention in your sale agreement before sale or it was already fixed before sale taken place.
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
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- GST not cancelled by tenant
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- NRI starting business in India
- Cash balance limit and property purchases limit
- FORM 141 SDV query
- Filling ITR - U
- Form 140 tds
- 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
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
