https://www.taxtmi.com/forum/issue?id=113122 Suppliers must issue credit and debit notes to adjust GST liability, referencing original tax invoices and showing taxable value and GST; suppliers report these in GSTR 1 to match recipients' GSTR 2. Delivery challan movements for returns are not supplies and attract no tax, with the supplier issuing the credit note. If returns are invoiced as supplies, valuation rules apply and invoice-route is generally discouraged. Price reductions use credit notes to adjust taxable value and GST; price increases use debit notes quoting the original invoice. en-us Tue, 28 Nov 2017 08:55:39 +0530 Thu, 23 Jan 2025 15:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113122 Suppliers must issue credit and debit notes to adjust GST liability, referencing original tax invoices and showing taxable value and GST; suppliers report these in GSTR 1 to match recipients' GSTR 2. Delivery challan movements for returns are not supplies and attract no tax, with the supplier issuing the credit note. If returns are invoiced as supplies, valuation rules apply and invoice-route is generally discouraged. Price reductions use credit notes to adjust taxable value and GST; price increases use debit notes quoting the original invoice. Discussion-Forum GST Tue, 28 Nov 2017 08:55:39 +0530 https://www.taxtmi.com/forum/issue?id=113122