Debit note treatment under gst

This query is : Resolved 

02 October 2018 Dear Sir,


My debtor issue me a rate difference debit note, can i take benefit of ITC against rate difference debit note?If no , then why i can't take benefit?
Please help me...

Thanks & Regards,
Rajni

03 October 2018 Yes, you can take the benefit of GST on the debit note.

03 October 2018 Thanks for replying me .

Somewhere i heard rate difference debit note can not be considered and can not take benefit of the same. Gst will be part of sale..
Mam, please suggest me from where i can read about Debit note under GST.

Thanks & Regards,
Rajni


03 October 2018 You can reverse GST if:-
This Rate Difference should be mention in your sale agreement before sale or it was already fixed before sale taken place.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries