Less charge in bill
This query is : Open
12 October 2017
DEAR SIR,
I HAVE SOLD TO A PARTY AMOUNT RS. 50000 AFTER HAVING DELIVERY TO THE PARTY WE COME TO KNOW THAT THE BILL SHOULD BE VALUED 55000/- . WHAT SHOULD I DO NOW, HOW WOULD I DEAL WITH THE SITUATION BY ISSUING DEBIT OR CREDIT NOTE.
PLEASE HELP
I HAVE SOLD TO A PARTY AMOUNT RS. 50000 AFTER HAVING DELIVERY TO THE PARTY WE COME TO KNOW THAT THE BILL SHOULD BE VALUED 55000/- . WHAT SHOULD I DO NOW, HOW WOULD I DEAL WITH THE SITUATION BY ISSUING DEBIT OR CREDIT NOTE.
PLEASE HELP
CA Rashmi Gandhi
(Expert)
13 October 2017
You have to issue Credit Note or Revised Invoice for this.....
13 October 2017
If he ll be give revised invoice then what ll doing 1st invoice...?
CA Rashmi Gandhi
(Expert)
13 October 2017
Credit note also named as revised invoice in GST Rules.
13 October 2017
yeah...
(Credit note also named as revised invoice in GST Rules.)
Agreed then what next...?
CA Rashmi Gandhi
(Expert)
13 October 2017
Revised invoice made with only Rs.5000/- so nothing to dp with first invoice.
13 October 2017
Once again confused.....
(Credit note also named as revised invoice in GST Rules.)
CA Rashmi Gandhi
(Expert)
13 October 2017
Credit note is also known as revised invoice.
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