Financial credit note received
This query is : Resolved
01 July 2019
DEAR SIR,
FINANCIAL CREDIT NOTE RECEIVED FROM SUPPLIER IS TAXABLE IN THE PART OF BUYER ?
( QUERY BASED ON THE LATEST NOTIFICATION :105/24/2019-GST DT 28/06/2019)
KINDLY GIVE A DETAILED REPLY....
THANKS IN ADVANCE TO ALL EXPERTS....
FINANCIAL CREDIT NOTE RECEIVED FROM SUPPLIER IS TAXABLE IN THE PART OF BUYER ?
( QUERY BASED ON THE LATEST NOTIFICATION :105/24/2019-GST DT 28/06/2019)
KINDLY GIVE A DETAILED REPLY....
THANKS IN ADVANCE TO ALL EXPERTS....
01 July 2019
Financial credit note is outside the ambit of GST. No reduction of GST applicable on such credit note.
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