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Cdprasad007   28 July 2021

GST Invoice related query

We have raised invoice to customer in March 2020 particular invoice not paid by customer till date, but we have paid GST to the Government.

Now customer is requesting us to raise fresh invoice in current month, we have submitted annual GST  returns for passing credit note to cancel old invoice.

So, requesting you to provide us solution for this issue.



 7 Replies

Rajkumar Patel

Rajkumar Patel   28 July 2021

Issue credit against original invoice and issue fresh invoice
Harsh Khemchandani

Harsh Khemchandani   28 July 2021

As the customer has not paid the amt invoiced within 180 days he has to pay tax and interest thereon. If he pays the amt invoiced then in that month he can take credit thereof irrespective of the annual returns filed or not.
Imthias ahamed Kormath

Imthias ahamed Kormath   28 July 2021

Is a regd customer or not?
Cdprasad007

Cdprasad007   29 July 2021

Issue credit against original invoice

 

Deepak Kumar

Deepak Kumar   29 July 2021

You have to issued credit note against to original invoice till september return (20th october) or due date of annual return which ever is earlier
CMA Poornima Madhava

CMA Poornima Madhava (CMA)     29 July 2021

Since the time limit for amendment of transaction for FY 19-20 is already over, if you raise invoice again, you'll be required to pay tax again I think.

Cdprasad007

Cdprasad007   29 July 2021

Thanks, GST value for this invoice is Rs. 1,40,000/-.

Is there any other solution to this issue.


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