sir, we purchased in vat period, now debit note to be issued in GST period. what tax rate has to be issued in GST debit note.
thanks in advance
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gst debit note against vat invoice
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Hi,
sales or purchase return you can do only for 6 month after 6 months you cannot consider whether it is VST or GST
sales or purchase return you can do only for 6 month after 6 months you cannot consider whether it is VST or GST
thanks, if we issue within 6 months, what tax rate GST or vat rate is applicable when issue debit note
No in GST the CNT or DNT or any amenment can be done by Sept of next year or annual return whichever is earlier .
(refer Section 16 CGST Act)
Hence can issue Dnt by by charging presently prevailing GST rate
(refer Section 16 CGST Act)
Hence can issue Dnt by by charging presently prevailing GST rate
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