Debit Note 19 20 period - Regarding

[Ragavan Vijayakumar]

Dear Exports,

"A" Sales Goods to "B" for the month of "March 2020" Period of 2019-2020 Basic Value 20,000/- @ GST 18% @ 3600/-. "A" not filed GSTR-1 and GSTR 3B for the month of March 2020. "B" payment made to "A" bills for the month March 2020 and regularly follow for the not reflection GSTR-2A of ITC March 2020.

"A" March 2020 GSTR-1 Retrun filed on July 2021 (21-22) period. But "B" unable utilized the ITC amount , Because July 21 GSTR 2B shows in ITC - Ineligible for the above said amount.

now "A" request to "B" to issue the debit note for GST amount @ 3,600/-

Question 1: "B" issue debit note to "A" is correct ?

Question 2: "A" offer to "B" give debit note than you may collect money from "A'" @ 3,600/-

Kindly guide me issue debit note is correct. i am "B"

Regards

V.Ragavan

AI Summary

Supplier issuance of debit or credit notes governs GST adjustments; buyer notes lack GST effect and supplier must issue credit.
Suppliers alone effectuate GST adjustments by issuing debit notes or credit notes; buyer-issued debit notes are financial instruments without independent GST effect and require the supplier to issue a corresponding credit note. Administrative guidance treats recipient financial notes as non-GST-adjusting, and where suppliers disclose supplies late, recipients may still assert input tax credit subject to eligibility and contest procedural denials, supported by supplier payment and disclosure evidence.