Debit. note
SUMIT BADYAL (709 Points)
14 May 2020
hi, can we take march month debit note in April month?
5 Replies
POOJA AGGARWAL
(director)
(99 Points)
Replied 14 May 2020
Yes, liability related to dr note will be payable will april return only
SUMIT BADYAL
(709 Points)
Replied 14 May 2020
Debit note date is of march, but the party give in April.
1. so can we show in April return or not?
2. party gave a debit note because he received broken bottles( so we need to get back these bottles or not).
1. so can we show in April return or not?
2. party gave a debit note because he received broken bottles( so we need to get back these bottles or not).
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 14 May 2020
You as the supplier would be required to raise a credit note and disclose the same in GSTR 3B and 1. It is suggested to get back the goods however it is not necessary to get back the goods as it could be said that credit note is issued for deficiency in supply of goods.
SUMIT BADYAL
(709 Points)
Replied 14 May 2020
If we received a debit note against damaged goods, it's is a sale return.
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 14 May 2020
No. But credit note could be issued in case of deficiency in goods. The same is provided in Section 34 of the CGST act
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