In jan my client sale bill to one party but sale was rejected due to rates so I want to show credit note so but now he is liable to gst of rs 28000 so what Should i do now should I pay now so that interest will be not charge
Your client supplied/Issued bill on Jan. Now, it's rejected and preparing CREDIT NOTE... Then the Credit note is Your "Inward"/ITC. So, You ll less the Credit note Tax value in Your Current month sales value...
CAclubindia
