Please guide me, if student paid fees only July, 2017, from 12.08.2017 student not coming for classes & not paying fees. How can handle situation, because we are book liability of GST in our books as per installment basis. Can i issue Credit Note to reverse gst liablity which is already book for the month of August, 2017.
26 August 2017
Thank you very much sir for your quick reply, but sir services provided to student from our side till 11.08.2017. Please sir also tell me invoice generate or not for the month of September & October, 2017 (Student already drop out in the month of August, 2017)
26 August 2017
In case you generated any invoice before 26.08.2017 you can create Credit Note. After 26/08/2017 you don't be create any invoice to that student...
26 August 2017
No Sir, your reply is very informative & i understand very well, in my previous query i typed only how to you instead of how to you calculate, therefore again query raised.
CAclubindia
