regarding revised e envoicing

[FARIDUDDIN AHMAD]

respected sir, dealer is carring out bussiness of work contract and issuing e invoicing. problem relates to the revision of original bill submitted for payment. taxpayer issued invoice to recipient of taxable amount Rs-100 later department deduct 20 repuees from original amount and paid rs-80 rs against the original invoice of rs-100. my question is how to correct or ammend the invoice. some times original invoice gets rejected

AI Summary

Business owner advised to issue a credit note under Section 34 of the GST Act for invoice adjustment. A business owner raised a query about revising an e-invoice after a government department deducted Rs. 20 from the original Rs. 100 invoice, paying only Rs. 80. Responses suggested that issuing a revised invoice is not applicable once a tax invoice is issued. Instead, a credit note should be issued under Section 34 of the GST Act to adjust the taxable value. This allows for correction when the taxable value or tax charged exceeds the amount payable, or when goods or services are returned or found deficient. Multiple respondents agreed that a credit note is the correct solution.