Credit Note matter

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12 Points Posted on 24 June 2020
Can give single credit note to a customer for multiple invoices in Gst?
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On 24 June 2020 at 21:44 Report
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Previously, a single credit note could only be issued against one specific sales invoice. However, an amendment to Section 34 of the CGST Act, effective from February 1, 2019, has changed this. Now, registered persons can issue a consolidated credit note for multiple invoices issued within a financial year, without needing to link it to each individual invoice.

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21 Points Posted on 24 June 2020
No, one credit note is used only against single sale invoice
but, number of credit notes can give against single sale invoice
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On 24 June 2020 at 23:32
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23 Points Posted on 26 June 2020
Amendment has been carried out in Section 34 of the CGST Act (effective from February 1, 2019), which permits a registered person to issue consolidated credit/ debit note in respect of multiple invoices issued in a financial year without linking the same to individual invoices.
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On 26 June 2020 at 01:10

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