supplymentory invoice cancel, Goods and Services Tax - GST

[SANTOSH POPHALE]

Dear sir,

we have raised supplymentory invoice to customer in SAP on 13-Oct-17 , but customer not accept our invoice & says your invoice is wrong & may be cancel at your end.

please suggest can we cancel this invoice? OR can book credit note to customer?

if we issue credit note, can we knock off in GST return supplymentory inv (debit note) & credit note

a waited for your valueable reply pl.

Thanks & Regards,

s.g.pophale

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

As per Section 34 (1) of CGST Act, 2017 "where 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 exceed the taxable value or tax payable in respect of such supply, or where the goods supplied are returned by the recipient, or where goods or services or both supplied are found to be deficient, the registered person, who has supplied such goods or services or both, may issue to the recipient a credit note containing such particulars as may be prescribed.

You have stated that the supplementary invoice issued by you was not accepted by your customer. Therefore you can issue a credit note to your customer. Then only your accounts will tally. The details to be shown in the credit note are prescribed by rule 53 of CGST Rules, 2017.

[MARIAPPAN GOVINDARAJAN]

You can issue only credit note.

[SANTOSH POPHALE]

Sir,

Thanks for your reply,

Yes sir we will issue credit note, secondly pl. confirm

1. can we knock off in GST return supplymentory inv (debit note) against our issuing & credit note.

2. can we give both document to customer OR keep at our end for record

a waited for your valueable reply pl.

Thanks & Regards

santosh pophale

[Himansu Sekhar]

1. Issue the credit note

2. Ask the customer to reverse the credit if taken

3. Give the details of the credit note in GST1 which will require you to give the reference no. of the original invoice

4. Your liability will reduce