CREDIT NOTE ISSUE IN GST
If goods sold from state A to state B are returned to supplier branch in state C,can credit note u/s 34 be issued from state C
May issue to the recipient a credit note containing such particulars as may be prescribed.
Reply by GST @ Gol
These will be treated as separate supplies. Credit notes is linked to the original invoice.
credit and debit notes is defined in section 34(1) of CGST Act.
Relevant extract is as follows:
Where a tax invoice has been issued for supply of any goods or services or both and the taxable value or tax charged in that tax invoice is found to exceed the taxable value or tax payable in respect of such supply, or where the goods supplied are returned by
the recipient, or where goods or services or both supplied are found to be deficient, the registered person, who has supplied such goods or services or both, may issue to the recipient a credit note containing such particulars as may be prescribed.
credit note issue in GST
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