TaxTMI 
TaxTMI 
GST--Credit note (non Acceptance by the buyer)
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....ST--Credit note (non Acceptance by the buyer) <br> Query (Issue) Started By: - DK AGGARWAL Dated:- 11-2-2026 Goods and Services Tax - GST <br> Got 4 Replies <br> GST<br> <br> Dear Expert What will be the concequences if C?N not accepted by the party in IMS. As per exeple below ABC company supply good Ex Delhi charging IGST @18% to party XYZ at Kanpur UP., but the party XYZ do not accep....
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....t the goods being wrong supply and do not take delivery from transport. The goods are returned to Delhi to ABC. IN the meantime the GST-1 is filed and a Credit Note is issed to adjust the wrong supply as Invice cannot be cancelled being more than 24 hours and EWay bill issued. The Buyer XYZ do not accept the Invoice and Credit Note in IMS system. But as per system of&....
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....nbsp; IMS if the credit note is not accepted by the party it will increase our liability in 3B to pay tax in system. Please guide how to adjust the tax payable of C/N. Regards D Aggarwal --Reply By: NYAYASETU LEGAL ASSOCIATES LLP The Reply: Considering the latest changes on IMS portal. Just want to add on further to as suggested by Shilpi Jain- Ask the recipient to accept amended credit note wi....
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....th NO ITC Reversal option. --Reply By: DK AGGARWAL The Reply: Thanks Sir for your reply and guidance --Reply By: Shilpi Jain The Reply: you can search for "Handling of Inadvertently Rejected records on IMS - GSTN " You can add the CN in amendment table in next month and inform recipeint to accept the invoice and cn Else amend the invoice also to zero supply of which has not been ....
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....accepted by customer. --Reply By: Raam Srinivasan Swaminathan Kalpathi The Reply: Dear Querist With the advent of GST, suppliers are obligated to be in continuous contact and work in coordination with their customers. This will similarly apply vice versa also. Coming to the issue at hand, your customer may keep the invoice pending but they cannot keep the credit note in abey....
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....ance. Either they have to accept or reject the credit note in the same month of its raising. If the credit note is acceptance, your day is made, else, you will have no option but to manually correct your GSTR-3B returns and then explain the circumstances during audit/ scrutiny. You may also choose to raise a complaint (probably at the cost of losing a customer!) at the GST portal by na....
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....vigating to "Report Issue", by attaching both the original supply invoice and related credit note issued therein. Another alternative, will be to shoot an email to the department at [email protected], lucidly explaining your predicament. Thanks <br>***<br> Discussion Forum - Knowledge Sharing....