banner_ad

debit and credit note

ITC / Input 171 views 4 replies
User Avatar

accounts
383 Points Posted on 21 July 2018
if a purchaser issue debit note to the seller then seller is also required to issue credit note to purchaser.
2 Reply Share Follow
On 21 July 2018 at 20:41 Report
Replies (4)
User Avatar

6 Points Posted on 21 July 2018
NO,
The seller is not reqd to issue credit note in that case
Reply
On 21 July 2018 at 20:50
User Avatar

947 Points Posted on 21 July 2018
seller has to reduced the credit passed on to customer by way of credit note and in such case GST portal of buyer will show such crrdit notes details in his GSTR-2A to provide matching of ITC.
2 Reply
On 21 July 2018 at 20:51
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 21 July 2018
Yes...

If it's related their business related details If Purchaser give debit note / Purchase return then Seller will be issued Credit note and the Credit note will be shown in GSTR 1 return by seller...
463 Reply
On 21 July 2018 at 21:29
User Avatar

24196 Points Posted on 22 July 2018
Yes credit note should be issued by seller.
161 Reply
On 22 July 2018 at 00:13


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details