https://www.taxtmi.com/acts?id=25778 Credit notes may be issued where a tax invoice overstated taxable value or tax, goods are returned, or supplies are deficient; such credit notes must be declared in the return for the month of issue but not later than the specified annual deadline, and tax liability adjusted as prescribed, provided reduction is not allowed if tax incidence and interest were passed on. Where a tax invoice understates tax or value, the supplier must issue a debit note (including a supplementary invoice), declare it in the return for the month of issue, and adjust tax liability as prescribed. en-us Sat, 17 Jun 2017 11:14:00 +0530 Tue, 27 Jun 2017 11:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25778 Credit notes may be issued where a tax invoice overstated taxable value or tax, goods are returned, or supplies are deficient; such credit notes must be declared in the return for the month of issue but not later than the specified annual deadline, and tax liability adjusted as prescribed, provided reduction is not allowed if tax incidence and interest were passed on. Where a tax invoice understates tax or value, the supplier must issue a debit note (including a supplementary invoice), declare it in the return for the month of issue, and adjust tax liability as prescribed. Act-Rules GST - States Sat, 17 Jun 2017 11:14:00 +0530 https://www.taxtmi.com/acts?id=25778