Our supplier issues Credit Note on quarterly basis for damage and expiry claim against the goods purchased during a quarter e.g. credit note for period July to Sep is issued in Oct
This credit note is on whole purchases done during that quarter. Will such credit note have GST liability ?
2 Replies
Yogesh Mundra
(22 Points)
Replied 02 November 2017
supplier has not bifurcated credit note amount into basic and gst
secondly, the credit note is consolidated for purchases of goods of various gst rates
how to know gst liability in such case ?
secondly, the credit note is consolidated for purchases of goods of various gst rates
how to know gst liability in such case ?
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