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DEBIT NOTE ISSUE

CA. RAM AVATAR SHARMA (Gandhinagar Gujarat) (69 Points)

16 August 2018

whether a receiver of service can issue DEBIT NOTE?

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10 Replies

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 16 August 2018

Yes... Why not...?!
He issue Debit note...

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CA. RAM AVATAR SHARMA (Gandhinagar Gujarat) (69 Points)
Replied 16 August 2018

but as per Act only a supplier only can issue DEBIT/ Credit note

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 16 August 2018

Ohhh.... Okay Okay Dear Mr RAMAVATAR SHARMA.,

Then

Why You ask this question?

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CA. RAM AVATAR SHARMA (Gandhinagar Gujarat) (69 Points)
Replied 16 August 2018

for confirmation

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 16 August 2018

Well....
Can You give that rules...? &
Can You explain that rule. Pls...?

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CA. RAM AVATAR SHARMA (Gandhinagar Gujarat) (69 Points)
Replied 16 August 2018

section 34(3) of the act

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 16 August 2018

mmmm thanks for the reference...

But,

Can You give explanation for the sub sections Pls...?!!

CA. RAM AVATAR SHARMA (Gandhinagar Gujarat) (69 Points)
Replied 16 August 2018

Where a tax invoice has been issued for supply of any goods or services or both
and the taxable value or tax charged in that tax invoice is found to be less than the taxable
value or tax payable in respect of such supply, the registered person, who has supplied such
goods or services or both, shall issue to the recipient a debit note containing such particulars
as may be prescribed

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RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 16 August 2018

Dear.,

Aa Your quote / text us also in sec 34(1)...
I know or read...

But,
I want explanation or Explain how is restricted receipients issued the debit note...