whether excise / cst will be involved in rate difference/turn over disc. (credit note) to debtors

[Guest]

dear experts,

let me explain regarding credit note related issues.. we are manufacturer and sold goods to within a gujarat as well as outside gujarat after charged Excise Duty + vat / cst ... query is below mentioned..

1) suppose we require to give rate diff. credit note to debtors then should we charge excise duty + vat / cst .

2) suppose we require to give turn turn over dis. credit note to debtors then should we charge excise duty + vat / cst

3) suppose we require to give short supply credit note to debtors then should we charge excise duty + vat + cst..

actually what will the tax treatment (excise + vat/ cst ) pls. explain. on which value we have to provide credit note ..

please suggest and if possible give explanation with example.

regards,

Manan Pandya

ahmedabad

AI Summary

Manufacturer Seeks Clarification on Excise Duty, VAT, CST for Credit Notes and Supplementary Invoice Format under Tax Rules A manufacturer in Gujarat inquired about the tax implications of issuing credit notes for rate differences, turnover discounts, and short supply to debtors, specifically whether excise duty, VAT, or CST should be charged. An expert advised that a supplementary invoice should be issued for the difference in value, even in cases of short or excess supply. The manufacturer sought further clarification on the first two points and requested additional information on supplementary invoices, including a format for such invoices.