https://www.taxtmi.com/forum/issue?id=120467 Applicability of GST rate on returned goods: one position requires the supplier to refund the exact tax amount originally collected so the credit note mirrors the original invoice GST rate. Alternate views note that for B2B supplies the current rate may apply because the recipient already claimed input tax credit, while in B2C cases the credit should reflect the consideration. If the buyer issues a tax invoice for return, that invoice may attract the prevailing GST rate at issuance. en-us Thu, 18 Sep 2025 16:18:30 +0530 Sat, 20 Sep 2025 21:02:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120467 Applicability of GST rate on returned goods: one position requires the supplier to refund the exact tax amount originally collected so the credit note mirrors the original invoice GST rate. Alternate views note that for B2B supplies the current rate may apply because the recipient already claimed input tax credit, while in B2C cases the credit should reflect the consideration. If the buyer issues a tax invoice for return, that invoice may attract the prevailing GST rate at issuance. Discussion-Forum GST Thu, 18 Sep 2025 16:18:30 +0530 https://www.taxtmi.com/forum/issue?id=120467