TaxTMI 
TaxTMI 
TaxTMI 
Supplier was issued PO on 15th June 2017 towards upward price revision for supplies effected under Pre GST regime. But supplier did not issue supplementary invoice till 30th June 2017 and filed his excise returns. Should supplier issue invoice with GST or charge old taxes?
Upward price revision under Pre GST regime
SAKTHIVEL K
GST applicability on upward price revision for pre GST supplies affirmed despite delayed supplementary invoice. Issue whether upward price revision for pre GST supplies requires charging GST where supplier did not issue a supplementary invoice before filing excise returns; forum contributors conclude that the GST rate is applicable to the revised price despite the lack of a timely supplementary invoice. (AI Summary)
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