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Debit note under GST by buyer of goods

anonymous (proprietor) (237 Points)

02 May 2022

Whether a buyer of goods can issue Debit note under GST?

I purchased goods from A. On receipt of goods, I found out that I was overcharged. Now my supplier is not ready to issue a credit note. I want to know if I can issue a debit note under GST and reduce the taxable value and corresponding input charged on it.

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2 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14151 Points)
Replied 02 May 2022

As per section 34 of the CGST act 2017 , only supplier can issue Credit Note or Debit Note , for reasons given in the section 34 of the CGST act , to reduce or to increase tax liability and file the return GSTR1 and GSTR3B
In your case , you can issue Debit Note and show in books of accounts, however no liability will be reduce in the return , unless he ( supplier ) issue credit note and file return .

Pankaj Rawat (GST Practitioner) (55030 Points)
Replied 02 May 2022

Yes completely agree with Mr. Prasad , As the credit of ITC available to Recepient on the basis of 2B ,So unless until the supplier report the Credit Note in GSTR 1 it won't be reflected in 2B .