Credit Note, Goods and Services Tax - GST

[Raja Sekhar]

I am the dealer of Mobiles, I am received credit Notes incentive,price drop and other schme from supplier without gst, can I reversal of input tax credit ?,

Posts / Replies

[Himansu Sekhar]

Only if the output supplier wants to reduce the liabilities

[Himansu Sekhar]

Please refer to Sec. 34 of the CGST Act

[YAGAY ANDSUN]

We duly endorse the view of expert.

[Ganeshan Kalyani]

Not required.