supplier issued credit note for quantity discount but preferred not to reduce tax liability, hence no reversal of ITC by buyer, is it valid.
thanks in advance
Menu
issue of credit note with tax or not
Replies (1)
it may be due to discount was not known at the time of supply of goods, hence no GST liability can be reduced by him by way of credit note
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
