Credit/Debit Note
Kunal Pansari (Accountant) (1037 Points)
14 February 2019
Can a purchaser issue credit note or debit note to his supplier?
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 14 February 2019
In GST at present Supplier can only be issued Credit Note /Debit note for specific reasons mentioned in Section 34 of the CGST act 2017 and not for all cases .
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 14 February 2019
please go through section 34 of the CGST act 2017
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 14 February 2019
Yes...
Purchaser can give Debit note against his Purchase and will account the same in his books of accounts.
but, Supplier only can file the debit note as Credit note in his GSTR-1 return.
Purchaser can give Debit note against his Purchase and will account the same in his books of accounts.
but, Supplier only can file the debit note as Credit note in his GSTR-1 return.
Anshuman Basu
(account -GST)
(1556 Points)
Replied 14 February 2019
absulatly wright Rajaji. in GST ere only seller can file debit or credit note in Gstr 1
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