We have received credit note from our supplier without charging gst.
Credit note received against fulfill of target or quantity scheme or any other scheme/gift etc.
supplier not charged gst nor upload ed in gst portal. Please clarify in this regard from our side.
Menu
Credit nite query
Replies (4)
Yes as per Circular 92/11/2019 GST he can issue Financial Credit Note
we reverse it or not in this case
You have reverse the Tax
No... no need to reverse GST .
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
