1. Please tell after how much time the Debit Note can be issue
d for the Original Issuance of Invoice?
2. What changes can be done in the Debit note? Whether GSTIN can be changed in the Debit note other than the GSTIN mentioned in the original Invoice?
3. Please quote circular/notifications issued by the Government for above queries/Debit Note.
Menu
Debit Note Query under GST
Replies (2)
Quick Summary
As per Notification 92/2020 CT , the Clause 118 of Finance Act 2020, has de-link the date of issuance of debit
note from the date of issuance of the underlying
invoice for purposes of availing
input tax credit.
So
1. No time limit to issue the debit note .
2. Yes the GSTN can be ammended in Debit Note under amendment table of GSTR-1.
Note : Effective from 1/1/2021
So
1. No time limit to issue the debit note .
2. Yes the GSTN can be ammended in Debit Note under amendment table of GSTR-1.
Note : Effective from 1/1/2021
Sir Amendment in GSTIN is not prescribed in Section 34 Of CGST Act, only value/tax rate amendment is allowed in Section 34. Is there any supporting Notification/circular for the amendment of Recipient Name(GSTIN) in the debit note. please share
Recent Topics :
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
Related Topics :
CAclubindia
