LIVE GST Audit Course by CA Sachin Jain. Register Now!!

GST Invoice related query

28 July 2021

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.

Reply
Follow
Share

7 Replies

Rajkumar Patel (602 Points)
Replied 28 July 2021

Issue credit against original invoice and issue fresh invoice

Harsh Khemchandani (116 Points)
Replied 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 (910 Points)
Replied 28 July 2021

Is a regd customer or not?

Cdprasad007 (14 Points)
Replied 29 July 2021

Issue credit against original invoice

Deepak Kumar (791 Points)
Replied 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) (13097 Points)
Replied 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.