Raised debit note. Should i receive Credit note from supplier?

Do I have to receive CN for the same?

- Yes...

First of all in GST regime credit/ debit notes only supplier can issue to receipient .
So, if goods returned or change rates of some items or other cases you as a recipient can't issue any credit/debit notes. (See section 34 of CGST Act, 2017)

Yes... You are exactly correct Mr Sajal Mandal.,

But, What is in Query dear...?!

The Recepien cannot reduce ITC unless Supplier has reduced his Output tax Liability.

Hence credit note must be required for Recepeint

@ sajal
but how we can send goods through transport without document

for this purpose only we raised purchase return invoice.

during last f.y. we use to raise sale invoice instead of purchase return invoice. what was the problem we faced is.... instead of considering our sales as supplier purchase, they raised credit note for the same value

due to this the reflection in GST returns :::
we have paid output, also we are viewing as CN in our GSTR 2A for which input to be reduced.

kindly suggest what exactly to be done if supplier not taking our sale bill for return goods as his purchase

What exactly to be done if supplier not taking our sale bill for return goods as his purchase...?

- You can prepare Credit Note if sale bill not taken by party. and show the same in GSTR 1 return...

@ Raja
which one is correct raising debit note or invoice?

Originally posted by : SOWJANYA M
	@ Raja which one is correct raising debit note or invoice?

Through Debit Note if it's Purchase Return... If You are move this through sale invoice then it will be as Your Turn Over...

Send back the material through "PURCHASE RETURN / DEBIT NOTE / DELIVERY CHALLAN - Based on RULE 55(1) OF CGST RULES 2017"

Thank you so much MR.RAJA

I wil send material through purchase return

THEN THE NEXT question is do I need to rcv the CN from supplier?
is it must?

In GST the Recepient can return material on Delivery Challan . even in E-way portal there is no option of Purchase Return or Debit Note.
So the goods return by Recepient is done on Delivery Challan , yes can attach copy of debit note along with E-way.

Note : Recepient can reduce ITC only on Credit Note reced. from supplier.
Yes you can pass a entry of debit in your books of account , but in GSTR 3B the ITC can be reduce only once got the CNT from Supplier

Yes... You are exactly correct Mr Pankaj Ji...

But, Can we use the word of Delivery Challan as "PURCHASE RETURN / DEBIT NOTE / DELIVERY CHALLAN"

Based on RULE 55(1) OF CGST RULES 2017"

Thank you Pankaj sir

Dear Raja Ji

Offcourse not .... We cannot use word purchase return or Debit note .

Delivery challan need to be generate as prescribed provision of Rule 55, We can pass a entry of Debit note (purchase return) in our book of account

 

( Ofcourse not)
then what about rule 55 for purchase return as debit note to suppliers.