A registered dealer purchases a leather at a rate of 12 percent gst on it. Now he returns the goods to a supplier afterwards. On that date the rate of gst on leather changes from 12 to 5 percent. Now my query is at what rate debit note should be issued to a supplier?
please reply ASAP
prima facie it look like rate should be 12%.
but still provide detail for invoice , delivery and payment. whether all three done before change in rate ?
CAclubindia
