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of <h1>Section 178: Issue Supplementary Invoices or Notes for Price Changes in Pre-Existing Contracts Within 30 Days.</h1> Section 178 of the Model GST Law outlines the issuance of supplementary invoices, debit, or credit notes when the price of goods or services is revised due to a pre-existing contract. If the price increases after the appointed day, the registered taxable person must issue a supplementary invoice or debit note within thirty days. Conversely, if the price decreases, a supplementary invoice or credit note must be issued within the same timeframe. The registered person can reduce their tax liability only if the recipient also reduces their input tax credit accordingly. These provisions apply to both CGST and SGST laws.
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