https://www.taxtmi.com/acts?id=28026 When a tax invoice overstates taxable value or tax, or goods are returned or deficient, the supplier may issue a credit note and must declare it in the return for the month issued but not later than the September after the financial year or the annual return date; tax liability is adjusted as prescribed and cannot be reduced if tax incidence was passed to another person. Where a tax invoice understates taxable value or tax, the supplier must issue a debit note, declare it in the return for the month issued, and adjust tax liability as prescribed; "debit note" includes a supplementary invoice. en-us Tue, 27 Jun 2017 12:41:46 +0530 Thu, 06 Jul 2017 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28026 When a tax invoice overstates taxable value or tax, or goods are returned or deficient, the supplier may issue a credit note and must declare it in the return for the month issued but not later than the September after the financial year or the annual return date; tax liability is adjusted as prescribed and cannot be reduced if tax incidence was passed to another person. Where a tax invoice understates taxable value or tax, the supplier must issue a debit note, declare it in the return for the month issued, and adjust tax liability as prescribed; "debit note" includes a supplementary invoice. Act-Rules GST - States Tue, 27 Jun 2017 12:41:46 +0530 https://www.taxtmi.com/acts?id=28026