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Part amount of gst

kiran (accountant) (444 Points)

05 September 2019

I have one question

we have around 100 plus cases charge gst 18% instead of 28% in FY 17-18.which option is use for 10% amount recover from customer & pay to govt.

all payment received from customer.

can I issued debit note.

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4 Replies

Akshay Jain (Tax Consultant) (1024 Points)
Replied 05 September 2019

you have to issue a debit note @ 10%

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kiran (accountant) (444 Points)
Replied 05 September 2019

but how upload 10% gst in gst return
in return there is no tax salb .

Akshay Jain (Tax Consultant) (1024 Points)
Replied 05 September 2019

there will be no any rate of 10% so you have play a different game.
in that case you have to issue a debit note 28% and also have to issue a credit note of 18% means 28% debit note - 18% credit note = 10%

sales
party a/c. dr. 118
sales. cr. 100
CGST. cr. 9
SGST. cr. 9

Debit note.
party a/c dr. 10
sales dr. 100
CGST. dr. 9
SGST. dr. 9
sales. cr. 100
CGST. cr. 14
SGST. cr. 14

Uttam (employee) (814 Points)
Replied 05 September 2019

For the period Fy2017-18, you will not be able to issue credit note or debit note quoting the original invoice.

In my opinion, you have to declare that excess 10% as additional liability in GSTR-9 (hope you have not filed it) and pay the said amount using DRC-03.