Debit note for differential tax payment

[Nikhil Virkar]

Dear Sir, How to prepare debit note for differential tax payment of 10% (18% -28%) which suffice criteria w.r.t IRN generation, GSTR1 upload and entires in the books of accounts. Please guide.

AI Summary

Navigating GST: How to Prepare a Debit Note for 10% Tax Adjustment and Manage Portal Limitations A user inquired about preparing a debit note for a 10% differential tax payment under GST, addressing issues related to IRN generation, GSTR-1 upload, and accounting entries. A respondent advised mentioning the original tax rate in GSTR-1 but adjusting it to 10% and suggested notifying the department about the transaction due to portal limitations. The user expressed concerns about e-invoice generation with a 10% rate and sought alternatives. The respondent acknowledged the portal's limitations and recommended editing entries in GSTR-1 and informing the department. The user agreed, noting the lack of guidance from the GSTIN helpdesk.