TaxTMI 
TaxTMI 
Cancellation of invoices under GST
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....ancellation of invoices under GST<br> Query (Issue) Started By: - Jasbir Uppal Dated:- 11-11-2020 Last Reply Date:- 12-11-2020 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>Dear Professional....
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....s, My query is that under GST Tax Regime how to counter continuous cancellations of GST invoices of rental bills And service bills given to the respective parties. The reason for cancellation is non ....
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....payment of invoices due to recession in market due to Covid-19. With Warm Regards J S Uppal Tax Professional Reply By KASTURI SETHI: The Reply: First step is to revise the terms and conditions of....
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.... rent deed in view of Covid-19 Cancellation of invoices is to be done within 24 hours. Since cancellation after 24 hours is not possible on IRN, one can manually cancel the same on GST portal before f....
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....iling the returns. Reply By Ganeshan Kalyani: The Reply: I agree with Sri Kasturi Sir's view. The alternative way could be raising credit note against the original invoice.<br> Discussion Forum ....
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