Price increase

This query is : Resolved

pravin (Querist)
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09 February 2018 Dear Sir,

Pl. advice to us we have generate supplementary invoices against price injection, there is any liability of interest & penalty on this transaction.

CA S K MISHRA

CA S K MISHRA (Expert)
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09 February 2018 In GST Regime, Supplimentary Invoice is called Debit Note. This is to be issued with reference to original invoice & may be shown in GSTR-1 either during the same month or subsequent month.There is no interest & penalty on this transaction.

pravin

pravin (Querist)
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09 February 2018 Sir,

we are increasing our Price rate for the period April 2017 to till date ( Excise + GST Regime )

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