Issue of credit notes
This query is : Open
12 April 2018
Are we required to get credit note with gst always???
Is there in provision in the Act for raising credit note without GST ???
We are getting credit note from our supplier without tax and they were saying they are not reversing the tax liability... And hence neednot issue credit note with tax amount...
Would like to know whether it is ok for us to receive credit note without tax and we are not reversing the corresponding credit of the original purchase invoice...
Are we required to get credit note with gst always???
Is there in provision in the Act for raising credit note without GST ???
We are getting credit note from our supplier without tax and they were saying they are not reversing the tax liability... And hence neednot issue credit note with tax amount...
Would like to know whether it is ok for us to receive credit note without tax and we are not reversing the corresponding credit of the original purchase invoice...
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