We have issued 50 invoices to our vendor during the month of sep-18 but these 50 invoice rates have been increased in the month of oct 18.How to raise one supplementry invoice for 50 invoices & how to adjust it under Tally ERP 9
Gst supplementary invoice
Replies (6)
Till now consolidated credit/debit notes for multiple invoices issued in a FY is only a recommendation by the GST council and has not yet been notified.
So, you have to issue debit note/supplementary invoice, invoice wise.
For 50 invoices 50 supplementry invoices have to issue
sir,
is interest applicable on supplementary invoices in above case?
Are you issuing supplementary invoices pertaining to 2018-19, now?
Can you please elaborate your question?
Is it predated invoices or which supposed to be raised but not raised, or any other reason?
we raised Supplementary invoices in month of May-2019 due to rate increased by our customer
reference to original invoices in fy of 2018-19.
so, is interest payable on GST of Supplementary invoices?
Answer is NO,
why
as per law - interest payable only on non payment of liability
as on may 2019 (i.e until on issue of supplementary invoice) there is no exisistance of liability
liability arised only on issuance of supplementary invoices - pay tax n close it off
no interest is applicable
why
as per law - interest payable only on non payment of liability
as on may 2019 (i.e until on issue of supplementary invoice) there is no exisistance of liability
liability arised only on issuance of supplementary invoices - pay tax n close it off
no interest is applicable
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
