regarding input igst or output igst

ITC / Input 145 views 2 replies
I issue credit note to a party for this I charge output igst or input igst
Replies (2)

Under GST law, the supplier can issue credit note. You need to mention the applicable GST as is in the original invoice. If the recipient reduces his ITC, you can reduce your output liability.

Originally posted by : kundan singh
I issue credit note to a party for this I charge output igst or input igst

Credit Note entry

sales return DR

Output Tax   DR

   To Party


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