Cancellation of invoice under GST Act

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cancellation of invoice under GST Act
Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 31-10-2017 Last Reply Date:- 29-5-2018 Goods and Services Tax - GST
Got 6 Replies
GST
If we want to cancel invoice due to non lifted material by customer what is procedure under GST. Reply By MARIAPPAN GOVINDARAJAN: The Reply: If you update the said invoice in GSTR - 1, then you should iss .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ue credit note to that amount. This is my view. Reply By Ganeshan Kalyani: The Reply: If you have cancelled the invoice in the same month, then it will not form part of GSTR 1. However, if you have issued and invoice to the customer but he has not lifted the material then it has to be uploaded in GSTR 1 and at the same time it has to be mentioned in credit note table. Reply By Ganeshan Kalyani: .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Reply: The invoice range and number of invoice issued information is also required to be filed in GSTR 1. This will have the information of cancelled invoice as well. Reply By Rajagopalan Ranganathan: The Reply: Sir, Please refer to Section 34 of CGST Act, 2017 and rule 53 of CGST Rules, 2017 for detailed procedure. Reply By KASTURI SETHI: The Reply: I support the views of all experts. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply By Syed Husain: The Reply: Hi All, I have issued 2 invoices 3 months back to our customer, however, they didn't pay us for that, now they are asking same invoice number with new date. they are not ready to issue debit note against old invoice. Hence, we have issued same invoice with new date. We have paid GST twice for same item and got single payment from client for new Invoice. What .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is the solution for previously issued Invoice as customer is not ready to accept credit not. Thanks Syed
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X