GST on credit notes post sale
CA Darshan Soni (D.P.BARBHAYA & ASSOCIATES) (150 Points)
14 August 2019CA Darshan Soni (D.P.BARBHAYA & ASSOCIATES) (150 Points)
14 August 2019
Padmahas Niwas
(ca)
(251 Points)
Replied 14 August 2019
CA Darshan Soni
(D.P.BARBHAYA & ASSOCIATES)
(150 Points)
Replied 14 August 2019
yash
(accountant)
(519 Points)
Replied 14 August 2019
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 14 August 2019
CA Arun Chhajer
(GST Faculty @ Ministry of MSME Govt of India)
(2813 Points)
Replied 15 August 2019
As per Swastika Educonsult View -
No Requirement to reverse the ITC. It is a financial credit note and not to be disclosed in GST Return at all. Reversal of ITC will come only when the Credit Note is issued with GST.
Padmahas Niwas
(ca)
(251 Points)
Replied 15 August 2019
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)