GST Invoice - negative Billing permissible ? Not credit note

Jayanta Bandyopadhyay (310 Points)

04 August 2023  

Respected Sir,

 

As an exporter [ LCL Cargo] , we obtain a quotation from freight forwarder as follows:-

 

1. Ocean freight (-) USD 50

 

2. Origin changes [ all inclusive] - USD 125

 

Net payable --USD 75

 

Query is that in a cut throat competitive market, instead of reducing origin charges, they are giving a negative ocean freight. 

 

Do GST [ IGST] have such a provision to reflect a negative quote in Invoice? Having a doubt. Then as a service receiver, would we face any problem in future say IGST Credit.

 

Please advise.

 

Regards

 

Jayanta Bandyopadhyay 

Kolkata