Hi Experts,
We have exported goods against payment of IGST. Due to some defects in goods, the buyer repaired the goods and issued us debit note in US currency.
How do we report this debit note in GST monthly return ?
Thanks !
ANIL (Others) (198 Points)
10 November 2018Hi Experts,
We have exported goods against payment of IGST. Due to some defects in goods, the buyer repaired the goods and issued us debit note in US currency.
How do we report this debit note in GST monthly return ?
Thanks !
Jitendra
(Accountant)
(100 Points)
Replied 20 February 2019
I want to add more to this query, if the export was made against payment of IGST and got the refund of the paid IGST. So if we issue credit note against the buyer's debit note, shall we required to reduce the ITC against the credited amount or pay it back to government ?
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 20 February 2019
in the given case, the itc will be reversed
# my point of view
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
