Refund of charges from shipping line
This query is : Resolved
CA Garima Bhayana
(Querist)
13 June 2020
If a party who import goods made payment with GST to Shipping Co. shipping co had raised invoice with GST & party claimed ITC on that invoice. Now if shipping co refund whole amount to party with GST then what will be the procedure of GST -
Can party issues credit note to shipping co with GST & if yes then how ITC will be reversed which is claimed on that Invoice
or is there any other procedure to handle this situation ?
Can party issues credit note to shipping co with GST & if yes then how ITC will be reversed which is claimed on that Invoice
or is there any other procedure to handle this situation ?
CA Garima Bhayana
(Querist)
13 June 2020
sorry debit note in place of credit note in above question.
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