Credit & debit notes under gst

242 views 3 replies

Sir,

I would like to know that can we raise Debit note or Credit Note only for tax Difference (Without Assessable Value ) can issue and the same will allow to upload in GSTR-1.

for Example : if any supplier issued tax Invoice as follows:

Basic                                                         1000

SGST Charged @ 6%  (instead of @ 9%)         60

CGST Charged @ 6%  (instead of @ 9%)         60

Total Invoice Amt                                        1120

In above case supplier need to issue Debit Note to Receipient for Difference to tax @ 3% each.

Pls. explain the same.

 

Thanks

 

Manish

Replies (3)
Yes right.. u need to issue debit note for such difference..

As per my view Better to Get Correct Invoice or Revised Invoice....

Or 

Issue Credit / Debit note for Full value...

As per my view Better to Get Correct Invoice or Revised Invoice....

Or 

Issue Credit / Debit note for Full value...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details