Credit Note issue where goods sold before change in GST rate of tax  and goods return after change in GST rate of tax .

[ANAND SHARMA]

Dear Expert

Please guide us what are implications in case of sales return where sales made before change in GST rate of tax and goods return after change in GST rate of tax .

We have sold goods on 05.06.2018 @ rate 28%. these goods are return by a registered buyer on 30.10.2018 when rate of tax is changed to 18%. At what rate we should issue credit note to buyer i.e 18% or 28%. you are requested to pls provide relevant section/Notification under CGST act.Thanks in advance

With Regards

[Nandan Khambete]

The GSTN while filing GSTR 1 may show error for putting pre gst invoice date more than 18 months old.

Please ask the customer to send goods hy raising invoice.

AI Summary

Credit note rate adjustment: address original supply timing and GSTN filing constraints when processing post rate change returns.
A supplier asked whether a credit note for goods returned after a GST rate change should use the rate at original supply or the later rate. The reply highlighted an operational filing constraint: the GSTN may flag older invoice dates in GSTR-1, and recommended coordinating with the buyer to record the return via proper invoicing rather than prescribing a statutory rate rule.