R/s members,
A sale invoice No. 100 in F.Y. 2018-19 issued and
in Mar-19, our GSTIN surrendered.
Now we want to issue a credit note against invoice no. 100 ??
what are the solutions??
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Credit Note issuance after Gst cancellation
Replies (8)
Quick Summary
Dear Sanjeev
Your gst is surrendered voluntarily i guess. so you can issue the credit note without cobsidering tax element.
if registration is suspended by depqrtment then case will be different.
Thank you
You can also write to me at sthayin @ gmail for further assistance
Your gst is surrendered voluntarily i guess. so you can issue the credit note without cobsidering tax element.
if registration is suspended by depqrtment then case will be different.
Thank you
You can also write to me at sthayin @ gmail for further assistance
First of all you can't issue any credit note against original invoice for the FY 2018-19 after September 2019.
What are the solutions??
You can issue Credit note without GST as per Mr CA Dhruva's...
Don't be consider GST.
You can issue Credit note without GST as per Mr CA Dhruva's...
Don't be consider GST.
Case was :-
bill no. 100 was issued through gstin (individual)
and on 31st march 2019, we surrender it and obtain new gstin ( partnership).
can we still issue credit note without gstin ??
bill no. 100 was issued through gstin (individual)
and on 31st march 2019, we surrender it and obtain new gstin ( partnership).
can we still issue credit note without gstin ??
No you can't issue credit note with partnership gstn. and you can issue credit note in the name of individual without considering tax element
Sir can we issue credit note on dated 22.11.2018???
our F.Y. 2018-19 books are not final audited yet.
can we make it to books???
But main problem is :-
is there any way to show that credit note in old gstin gstr1 and that reflects in gstr2 of our party???
our F.Y. 2018-19 books are not final audited yet.
can we make it to books???
But main problem is :-
is there any way to show that credit note in old gstin gstr1 and that reflects in gstr2 of our party???
Yes you can issue credit note on 22/11/2019 but without giving GST effect.
No you cannot show under old GSTN, yes you can report in annual return
No you cannot show under old GSTN, yes you can report in annual return
Suppose Invoice value was 100+9+9
now to issue credit note (without giving gst effect) credit note value should 100 or 118????
and is there any benefit of itc which arise after reporting credit note in annual return. (means decreasing liability in gst annual return make some benefit of itc to us or not???)
now to issue credit note (without giving gst effect) credit note value should 100 or 118????
and is there any benefit of itc which arise after reporting credit note in annual return. (means decreasing liability in gst annual return make some benefit of itc to us or not???)
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