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Time Limit for issuing supplimentary invoice

Eswar Reddy S (CFO- at NHTF) (58213 Points)

08 May 2022

Is there any time limit to issue supplimentary invoice ?

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20 Replies

sabyasachi mukherjee (26083 Points)
Replied 08 May 2022

Supplementary invoice regarding what?

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 08 May 2022

Under GST Act

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86243 Points)
Replied 09 May 2022

Yes, within 6 months from the end of financial year in which invoice raised

1 Like

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 May 2022

Can we raise supplimentary invoice for 2017-18 FY now ?

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86243 Points)
Replied 09 May 2022

No you cant raise invoice for FY 2017-18

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 May 2022

What is the difference between revised invoice and supplimentary invoice?

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86243 Points)
Replied 09 May 2022

Revised invoice may be issued by taxable person in relation to any invoice already issued by him. Supplementary tax invoice has to be issued by taxable person in case where any deficiency is found in a tax invoice already issued by a taxable person.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 May 2022

If GST was not collected in the original invoice,

Is it deficiency ?

What option is best in this case ?

Revised or supplimentary?

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86243 Points)
Replied 09 May 2022

You have to issue supplementary invoice

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 May 2022

What are the general reasons for issuing

Revised invoice

Supplimentary invoice?

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86243 Points)
Replied 09 May 2022

SUPPLEMENTARY TAX INVOICE AND REVISED INVOICE IN GST (taxmanagementindia.com)

sabyasachi mukherjee (26083 Points)
Replied 09 May 2022

It may be due to change in rate in the original contract or order.It may also due to other factors like change in items and bill of quantities in the original order.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 09 May 2022

If GST was not collected in the original invoice,

Is it deficiency ?

What option is best in this case ?

Revised or supplimentary?

1 Like

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 10 May 2022

Dear Eswar Reddy
As per section 31(3) (a) R/w rule 53(2) The Revised Tax Invoice can be Issued only in case where Registered person who has been granted registration with effect from date earlier than the date of issuance of certificate of Registration to him , may issue revised tax Invoice in respect of taxable supplies effected during the period starting from the effective date of registration till the date of issuance of Certificate of Registeration.
Hence in GST the Revised Invoice can issue only against those invoices which being issue by registered person from effective date of registration upto to date of issuance of Certificate of Registeration.

As per Section 34(3)
In case of GST not collected or short charge & collected in invoice Debit Note need to be issued.
As per Explanation under said section " debit not ' shall include a supplementary invoice, hence debit note can said as supplementary invoice.

Now come 2nd Leg Query:

Time Limit To Issue Debit Note & ITC available to Recepient :

Clause 118 of the Bill
seeks to amend sub-section (4) of section
16 of the Central Goods and Services Tax
Act so as to delink the date of issuance of
debit note from the date of issuance of the
underlying invoice for purposes of
availing input tax credit.

Hence the time limit to avail ITC on debit note will be counted from the date of Issue of Debit Note (Can refer Circular 160/16/2021 GST )