22 November 2019
Dear Sir, We issued a Tax Invoice (Exempted Sales) to party in the Month of September 2019. In the month of October2019, we came to know that party has cancelled the said invoice (some technical issue, party has rejected to accept our said Invoice) We already uploaded the said Invoice in our GSTR1 for the month of September 2019 and according to entry in my books of account. Now the question is how to rectify our GSTR1 and book of account, because our party not showing our said Invoice in their books of account. ANSHUMAN
22 November 2019
( because our party not showing our said Invoice in their books of account ) - No problem. You can prepare credit note and show the same in Your next GSTR 1 return...
22 November 2019
THANKS SIR, IF party is not ready to issue debit note then should I issued Credit note? I means if I Issue Credit Note then opposite party should issued debit note. In my case party is rejected totally our Invoice and not issue Debit Note then should I issue credit note? pl clarify
22 November 2019
( then should I issue credit note? ) - Yes... You can prepare Credit Note and Show the same in GSTR 1 return. No required DN from buyer...
CAclubindia
