Dear expert
Please suggest me I have recived the material for the Invoice Rs 120000/- including tax .
but some material is damaged so they have given discount 10%
but credit not is raised for 10% without tax, so we can accept the credit note without tax
please suggest
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Credit Note without tax
Replies (8)
I THINK YOU CAN TAKE
pPlease suggest me exactly
No you need to reverse the Input, please insist your supplier to provide credit note with GST, as it is under deficiency with quality of goods. You have to reverse GST against deficiency amount as you are receiver of the goods.
Yes ,... As per section 15 CGST: such discount which is link with invoice issued , should be include GST.
So better to ask supplier for GST less CNT .
So better to ask supplier for GST less CNT .
@ Santhu amma.,
If Supplier give "DISCOUNT" then You can use the discount without GST...
In case material return and give given credit note by supplier then GST chargeable as must...
If Supplier give "DISCOUNT" then You can use the discount without GST...
In case material return and give given credit note by supplier then GST chargeable as must...
Hi, @ Santhu amma.,
I Just clear all accounting , First you have clear these things from supplier
- Check with supplier , they have record said invoice in GSTR -I
- Tax has been deposit by supplier
- Payment has been made angst the said invoice if any, advance
Please confirm , will give you positve response
Supplier giving you discount for damage materials which will not to be return to supplier. and you also not issuing sales return invoice , So you can get that CN as total discount amount.
(Supplier giving you discount for damage materials which will not to be return to supplier. and you also not issuing sales return invoice , So you can get that CN as total discount amount.)
Yes... You are exactly correct Mr Suvendu...
👍👍👍👍👍👍👍👍👍👍👍
Yes... You are exactly correct Mr Suvendu...
👍👍👍👍👍👍👍👍👍👍👍
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