New bill issue against old bill

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accountant
153 Points Posted on 20 July 2021
I have sale to party with waybill but some reason goods not delivered . now party RESUFUSE to accept material with same bill and waybill. Now I have given new invoice and new waybill. Do what I do earlier bill raised which gst and tcs already paid. Kindly suggest.
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On 20 July 2021 at 18:13 Report
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Quick Summary
If goods were not delivered and the recipient refuses them, you'll need to address the original invoice and any GST/TCS paid. The recommended approach is to raise a credit note against the original invoice to reverse the transaction. Subsequently, issue a new invoice and waybill for the same goods. This ensures proper accounting for the undelivered items and any taxes already paid.

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CMA
13117 Points Posted on 20 July 2021

Raise a C/N against the original invoice for reversal.

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On 20 July 2021 at 22:01
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Chartered Accountant
86505 Points Posted on 21 July 2021
Raise a credit note for cancelling the earlier invoice and raise new invoice for same transaction.
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On 21 July 2021 at 08:33
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Chartered Accountant
24588 Points Posted on 21 July 2021
Credit note should be raised
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On 21 July 2021 at 10:09

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