https://www.taxtmi.com/forum/issue?id=115909 Under GST a tax invoice is essential to claim Input Tax Credit. Where invoiced supplies are later found to have incorrect value/tax or goods are returned, adjustments must be effected by issuance of Credit Note or Debit Note relating to the original supply. The supplier is required to issue such notes and declare them in the prescribed return so that tax liabilities and recipient entitlements are adjusted in accordance with the Invoice Rules. en-us Mon, 20 Jan 2020 14:31:34 +0530 Thu, 23 Jan 2025 15:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115909 Under GST a tax invoice is essential to claim Input Tax Credit. Where invoiced supplies are later found to have incorrect value/tax or goods are returned, adjustments must be effected by issuance of Credit Note or Debit Note relating to the original supply. The supplier is required to issue such notes and declare them in the prescribed return so that tax liabilities and recipient entitlements are adjusted in accordance with the Invoice Rules. Discussion-Forum GST Mon, 20 Jan 2020 14:31:34 +0530 https://www.taxtmi.com/forum/issue?id=115909