GST CREDIT NOTE REGARDING
This query is : Resolved
30 December 2024
i have invoiced a supplier for Rs.180000(plus gst 18%)GST 32400 Net Invoice Value. is Rs.212400.
TDS @ 1% is applicable for 180000.
I have also given a credit note for Gross Rs. 5000 Plus Gst @ 18% Net Credit note value Rs.5900.
Now after adjusting this credit note what will be the net amount receivable from the supplier. Is there any tds applicable for Credit Note....
Kindly advice
TDS @ 1% is applicable for 180000.
I have also given a credit note for Gross Rs. 5000 Plus Gst @ 18% Net Credit note value Rs.5900.
Now after adjusting this credit note what will be the net amount receivable from the supplier. Is there any tds applicable for Credit Note....
Kindly advice
31 December 2024
1. Rs. 2,04,435/-
2. Yes, TDS will be Rs. 2,065/-
2. Yes, TDS will be Rs. 2,065/-
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