GST on shortage
This query is : Resolved
Quick Summary
SEEMA MALHOTRA
(Querist)
21 February 2022
Hello,
There is short material towards the material we have purchased.
we have already taken full ITC on invoice.
1. if we issue debit note for short material, should we charge ITC on debit note.
Please advice.
Regards,
Seema Malhotra
There is short material towards the material we have purchased.
we have already taken full ITC on invoice.
1. if we issue debit note for short material, should we charge ITC on debit note.
Please advice.
Regards,
Seema Malhotra
CA R SEETHARAMAN
(Expert)
21 February 2022
You can't issue debit note, only credit note can be issued by seller with GST.
CA Puja Sharma
(Expert)
21 February 2022
You can issue Non GST debit Note for accounting effect. But you cannot charge in this debit note.
Lekhraj sood
(Expert)
21 February 2022
Ask supplier to issue credit note with GST.
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