I have query regarding whether under GST there is option to the receiver to raise debit note against the invoice raised by the vendor?
If yes then in case if the vendor was unregistered but at the time of raising the debit note the receiver will have to bear the GST amount? so what can be done in this case?
The vendor is not ready to give the credit note against the invoice and payment is also made to the vendor, even when the service is not delivered.
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Debit note to vendor
Replies (3)
at the time of purchase of goods from unregistered two things where issued by registered person 1 is payment voucher nd 2 is tax invoice.. now the recipient may issue debit note by giving ref of tax invoice raised at the time of purchase
You can issue debit note to vendor with GST
If vendor not pay GST amount, you can deposit GST on reverse calculation basis
If vendor not perform, you can file case
If vendor not pay GST amount, you can deposit GST on reverse calculation basis
If vendor not perform, you can file case
As per the article, it states a different view point..
https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=7703&kw=GST-UPDATE-ON-ISSUANCE-OF-DEBIT-NOTES-AND-CREDIT-NOTES
https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=7703&kw=GST-UPDATE-ON-ISSUANCE-OF-DEBIT-NOTES-AND-CREDIT-NOTES
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