RAISING DEBIT NOTE IN GST PORTAL FOR TAX

[SAFETAB LIFESCIENCE]

Dear Experts,

We have raised Invoices for some parties @ 12 % GST for a particular product and subsequently the said product was classified under 18% GST and we have paid and debited voluntarily and intimated through DRC-03.

Now, some customers are accepting to pay the differential Tax.

Our query is how to collect the differential tax alone and pass the tax benefit to customers.

1. We can raise debit note. But in GST portal we can not upload our DN only for the tax value alone against any particular invoice. In portal it requires Note Value, Tax rate, Tax value and taxable value.

2. Shall we amend (in box 9B in GSTR-1) the B2B Sales Invoices with tax rates.

3. Shall we raise CN for 12% firstly and then shall we raise DN for 18% so that customer will also account both of our CN and DN so that they can get ITC for full tax.

AI Summary

Differential GST collection: use a debit note or GSTR amendment to recover the higher tax from customers.
Collection of additional GST due to a rate change can be achieved by issuing a debit note cross referencing the original invoice and entering a taxable value in the portal that back calculates to the required differential tax; alternatively, amend the B2B invoice in the next GSTR-1 or issue a credit note for the original invoice and reissue a fresh invoice at the correct tax rate, ensuring recipients can reconcile and claim input tax credit.