For GST and Income tax
issue credit note for diffrence in amount , it will result in reduction in GST liability (if GST is applicable) and reduction in sales value
no need to issue fresh bill by cancelling existing bill in any case only for rate diffrence
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
