08 January 2019
Dear Sir, One of our customer rejected excess received material, Can we issue the credit note for the (rejected material ) before receiving debit note from customer.
Is it ok process in GST or we should issue the credit note after receiving Debit note from the customer
08 January 2019
As per Sec 34 of CGST Act 2017 - Debit/Credit Notes can be issued by the supplier only . You only can issue credit Note . Debit Note by recipient has no validity.
CAclubindia
