GST tax credit on revised invoice

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Khushhal Gupta

23 Points Posted on 28 December 2023

Dear Sir,

I am technical consultant (Service provider). I have raised a gst invoice (july 2022) to my client and paid GST on the same. But due to some reason project was put on hold for few months and my invoice was not booked and paid by them also they have confirmed they have not taken any input tax credit for this invoice. Now the work has been resumed again and they have asked me to sumit the same invoice with current date (nov, 2023). to relised the pending payment I have issued new invoice (kept invoice number same) on current date and filed the monthly november GST IIF return. Please advise me how get GST tax credit paid on original invoice (july 2022).

Replies (7)

Quick Summary

A technical consultant issued a GST invoice in July 2022 but the project was paused. The client didn't book or pay the invoice and confirmed they hadn't claimed input tax credit. Now that work has resumed, a new invoice was issued with the current date. The discussion explores how to claim the GST tax credit paid on the original invoice, including the process of issuing a credit note and any applicable time limits under GST law.

RAJA P M

"Do the Right Thing...!!!"

77792 Points Posted on 28 December 2023

Prepare credit note and reverse the Tax...

Khushhal Gupta

23 Points Posted on 28 December 2023

Thanks for quick response! I have two questions 1) this credit note need to be issued to client or just have to record in GST return (GST -1, 3B)
2) Is there any time limit to issue credit not in GST law.

RAJA P M

"Do the Right Thing...!!!"

77792 Points Posted on 28 December 2023

1. If Client not account the first invoice then you can issue the credit note to client. In case not account then You can keep it's a record.

2. Yes, Time limit is applicable.
please refer the details through the link

https://cleartax.in/s/credit-note

MPR Sanjay Kumar

1675 Points Posted on 28 December 2023

Dear Raja pm sir @ in GST debit note and credit note is there , these debit note and credit note I have to reduce in my supply value or I have to add in my supply value while calculating gstr3b please explain me with example sir

RAJA P M

"Do the Right Thing...!!!"

77792 Points Posted on 28 December 2023

@ Mr MPR SANJAY KUMAR,

What is your actual query...??

Please post Your query first and ask details.
please don't cross others query. Bcoz, after crossing then the query will going out of topic.

RAJA P M

"Do the Right Thing...!!!"

77792 Points Posted on 28 December 2023

Originally posted by : MPR Sanjay Kumar
	Dear Raja pm sir @ in GST debit note and credit note is there , these debit note and credit note I have to reduce in my supply value or I have to add in my supply value while calculating gstr3b please explain me with example sir