https://www.taxtmi.com/acts?id=29612 Suppliers may issue credit notes when invoiced tax or taxable value exceeds the correct amount, for returned goods, or for deficient supplies, and must declare such credit notes in the return for the month of issue but not later than the September following the financial year-end or the relevant annual return, with tax liability adjusted as prescribed; reduction is disallowed if tax incidence and interest were passed to another person. Suppliers must issue debit notes, including supplementary invoices, where invoices understate value or tax, declare them in the return for the month of issue, and adjust tax liability as prescribed. en-us Tue, 04 Jul 2017 18:36:34 +0530 Wed, 16 Aug 2017 12:45:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29612 Suppliers may issue credit notes when invoiced tax or taxable value exceeds the correct amount, for returned goods, or for deficient supplies, and must declare such credit notes in the return for the month of issue but not later than the September following the financial year-end or the relevant annual return, with tax liability adjusted as prescribed; reduction is disallowed if tax incidence and interest were passed to another person. Suppliers must issue debit notes, including supplementary invoices, where invoices understate value or tax, declare them in the return for the month of issue, and adjust tax liability as prescribed. Act-Rules GST - States Tue, 04 Jul 2017 18:36:34 +0530 https://www.taxtmi.com/acts?id=29612