GST on debit note, Goods and Services Tax - GST

[Kaustubh Karandikar]

XYZ exported goods on payment of GST under claim for refund. Against the same supply, now they want to issue Debit Note for rate difference. Whether GST will be applicable on this debit note?

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

GST is applicable to the amount collected by raising debit note. However the same can be claimed as a refund since the debit note pertains to the export of goods.

[KASTURI SETHI]

Amount collected through debit notes is an integral part of export proceeds and hence I support the views of Sh.Ranganathan, Sir.

[Ganeshan Kalyani]

I agree with the view of experts.