Credit note

This query is : Open

Shiv om Jindal (Querist)
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04 April 2018 My Query is related to Issuance of Credit Note due to revision of GST Rate. One of my clients have issued few Bills @ 28% GST. However this rate was reduced to 18% by a Notification. Now we want to raise a Credit Note for Difference in Tax Charged.
As of now there is no option available at GSTN Portal for uploading these type of Credit Notes.
Please advise, how the matter is taken care off. Whether Credit Note for whole of the Bill to be issued first and then Fresh Invoice at new Tax rate to be raised. or can we raise credit note for diffence amount of tax only.

RAJA P M

RAJA P M (Expert)
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04 April 2018 i) One of my clients have issued few Bills @ 28% GST - When it's issued after change of rate or before? ii) Which rate You are select? iii) Which amounts you raise Credit note?