Debit note in GST please help

Kunal Pansari

Accountant

1037 Points Joined March 2014

Only one note can be issued either from any ook one end. That means purchaser can issue debit note only if seller has not issued the credit note

Ankush

Student

1374 Points Joined April 2010

Thank you. Only debit/credit notes issued by third party reflect in 2A?

Arunn Auto Sparess

203 Points Joined November 2018

for B2B you raise separate CN B2C you can raise consolidated CN

Afreen Fatima

Aricle Assisstant (Final Year)

129 Points Joined May 2012

Only supplier will issue DN or CN in GST.

NITIN SAKPAL

Deputy Manager - Indirect Taxation

145 Points Joined August 2010

Mr Ankush,

In GST regime only supplier can issue debit note / credit note, which will subsequently uploaded by supplier in his GSTR1 and will reflect in customer's GSTR2A

Regards,

Sakpal Nitin

Santosh Nikumbh

Commercial Manager

28 Points Joined July 2012

it is understood that only suppliers can issue the Debit / Credit Note against the supply, in case supplier is not ready to issue the Credit Note is such case can buyer raise Debit Note against the same to settled the account, if so what will be the implication in GST returns.

Sajal Mandal

294 Points Joined March 2018

Credit note and Debit note issued by supplier only. Recipient does not liable for that.

Sivaraman A R

.

1043 Points Joined January 2009

Only Seller can raise debit note or credit note in GST . When a seller issues sales invoice to purchaser, generally purchaser dont issue purchase invoice for it to seller. same concept.

Sivaraman A R

.

1043 Points Joined January 2009

If seller is reluctant to issue to credit note, then only option in GST is purchaser to issue sales invoice to Seller for purchase return. No other option is available. Other implications are there for this act

Sivaraman A R

.

1043 Points Joined January 2009

If seller is reluctant to issue to credit note, then only option in GST is purchaser to issue sales invoice to Seller for purchase return. No other option is available. Other implications are there for this act

Sivaraman A R

.

1043 Points Joined January 2009

If seller is reluctant to issue to credit note, then only option in GST is purchaser to issue sales invoice to Seller for purchase return. No other option is available. Other implications are there for this act

karthik

Student

23 Points Joined August 2021

Hi,

I have purchased 20 items of some good X for 100 rupees. Later I returned 10 items to the seller. I declared it as debit note in GSTR 1. I didn't receive any credit note from the seller. This happened in 2017. Now, there is a discrepancy in my 1 vs 3B. Tax officials are asking me to pay the difference. What should I do now? can the seller still issue me a credit note for these items I had returned? (Using small numbers for my understanding)