Credit /debit notes without GST are valid?
Do the receiver have to pay GST/RCM on without GST CN/DN?
Menu
GST on Credit /debit notes
Replies (4)
Yes , CNT /DNT is valid without GST.
If there is no agreement between supplier & recepient & CNT/DNT issued is not against any relevant Invoice then No Such Discounts attracts GST
No the Recepient is not liable to pay GST/RCM on without GST CNT/DNT , infact such DNT/CNT is should be book as Expense/income
If there is no agreement between supplier & recepient & CNT/DNT issued is not against any relevant Invoice then No Such Discounts attracts GST
No the Recepient is not liable to pay GST/RCM on without GST CNT/DNT , infact such DNT/CNT is should be book as Expense/income
No RCM on without gst credit/ debit notes.
Our CA is asking us make Agreement with the suppliers that they will issue CNT/DNT
And we have to pay GST on CTN/DTN which are without GST.
What should we do?
And we have to pay GST on CTN/DTN which are without GST.
What should we do?
IF YOUR SUPPLIER HAS NOT CHARGED THE GST IN CN/DNT THEN HOW CAN YOU ENTER THOSE CNTS/DNTS WITH GST CHARGED THEREIN IN YOUR BOOKS
MOREOVER ASK YOUR CA TO READ THE SECTION 15 CGST ACT
Recent Topic
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
Related Topics
CAclubindia
