Credit notes
This query is : Resolved
28 March 2018
Is there any applicability of GST when a supplier issues Credit Note to a buyer towards Rebates and Discounts.
Is it right to issue Credit Notes to buyers without applying GST on it.
Please clarify.
Regards,
Ravinder Gupta
Is it right to issue Credit Notes to buyers without applying GST on it.
Please clarify.
Regards,
Ravinder Gupta
Guest
Guest
(Expert)
31 March 2018
If such discount is determined before or at the time of supply the GST attributable to such discount will also get reduced.
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