banner_ad

debit note and credit note

ITC / Input 592 views 10 replies
plz suggest whether duty for issuing of debit note or credit note is only of supplier?
Replies (10)
Generally credit note is issued by supplier seller to the recipient / purchaser informing him for deficiency in the value of goods or services supplied.
Similarly a Debit note is issued by recipient of goods & service's informing supplier that a debit has been made in his account for goods returned or unsatisfactory services.
thnx sir...
thanks
Its my pleasure.....
Its my pleasure.....
is also raised debit note in purchase return ? and where to show in GST return ?
pls reply
anybody pls reply where to show in gstr 3b
sir..I think..Getting 3b is only for the purpose of net tax payment...in GSTR1 we can show debit note
For the net tax purpose u have to reverse the itc on purchase that u have taken and on returned as debit note in gstr 3b
read cont.

you have to reduced tax liability of debit note in gstr 3b or not ?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

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

Karia Overseas

Ahmedabad

CA

View Details