https://www.taxtmi.com/acts?id=27280 A registered supplier may issue a credit note where a tax invoice overstates taxable value or tax, where goods are returned, or where supplies are deficient; such credit notes must be declared in the return for the month of issue or no later than the September following the financial year end or filing of the annual return, and tax liability is to be adjusted as prescribed, except that output tax reduction is not permitted if tax incidence has been passed to another person. Where a tax invoice understates value or tax, the supplier must issue and declare a debit note (including a supplementary invoice) in the return for the month of issue and adjust tax liability as prescribed. en-us Fri, 23 Jun 2017 16:31:46 +0530 Wed, 19 Jul 2017 18:48:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27280 A registered supplier may issue a credit note where a tax invoice overstates taxable value or tax, where goods are returned, or where supplies are deficient; such credit notes must be declared in the return for the month of issue or no later than the September following the financial year end or filing of the annual return, and tax liability is to be adjusted as prescribed, except that output tax reduction is not permitted if tax incidence has been passed to another person. Where a tax invoice understates value or tax, the supplier must issue and declare a debit note (including a supplementary invoice) in the return for the month of issue and adjust tax liability as prescribed. Act-Rules GST - States Fri, 23 Jun 2017 16:31:46 +0530 https://www.taxtmi.com/acts?id=27280