GST on debit note

[Kaustubh Karandikar]

XYZ exported goods on payment of GST under claim for refund. Against the same supply, now they want to issue Debit Note for rate difference. Whether GST will be applicable on this debit note?

[Rajagopalan Ranganathan]

Sir,

GST is applicable to the amount collected by raising debit note. However the same can be claimed as a refund since the debit note pertains to the export of goods.

[KASTURI SETHI]

Amount collected through debit notes is an integral part of export proceeds and hence I support the views of Sh.Ranganathan, Sir.

[Ganeshan Kalyani]

I agree with the view of experts.

AI Summary

GST applicability on debit note: amount collected is taxable but may be refundable when it relates to export proceeds.
GST is chargeable on the amount collected by issuing a debit note for a rate difference, and when the debit note pertains to exported goods that amount is part of export proceeds and can be claimed as a refund.