Debit Note in GST - GST Law and Procedure [January, 2019] - GST

..... supplied. The quantity received by the recipient is more than what has been declared in the tax invoice. Any other similar reasons. In order to regularize these kinds of situations the supplier is allowed to issue what is called as debit note to the recipient. The debit note also includes supplementary invoice. Meaning: When 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 valu .....

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Debit Note in GST - GST Law and Procedure January, 2019 - GST

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..... n-registered; g) serial number and date of the corresponding tax invoice or, as the case may be, bill of supply; h) value of taxable supply of goods or services, rate of tax and the amount of the tax debited to the recipient; and i) signature or digital signature of the supplier or his authorized representative. Tax liability: The issuance of a debit note or a supplementary invoice creates additional tax liability. The treatment of a debit note or a supplementary invoice would be identical to th .....

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Debit Note in GST - GST Law and Procedure January, 2019 - GST

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