Procedures to assess credit note and debit note under GST Act

 

What is GST?

GST, Frequently Asked Questions

Credit Note / Debit Note [for Sales-Purchase return, Post-sale discount]


Procedures to assess credit note and debit note under GST ActFor sale-purchase return, on account of differential value/quantity/tax rates:

(i) Debit / Credit Note Number

(ii) Original Invoice Number and Date

(iii) Taxable Value, Tax Rate and Tax Amount (CGST & SGST or IGST and Additional Tax) ( that is being modified )

The credit/debit note will be reflected in the monthly return in which such notes have been issued.

GST Law may provide the time period within which sales return can be made and the date (invoice date or date of receipt by the buyer) from which such time period is to be calculated.
 

Click here to know GST rate on Goods and Services

GST Exemption list of goods and services

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

How to file GST returns?

Monthly Return under Goods and Service Tax

Where to file GST returns?

Process of GST returns

GST Annual Return (GSTR-8)

How to obtain acknowledgement for filing returns with GST

GST Return for Casual and Non-Resident Taxpayers

Short filing of GST returns

Non filing and Late filing of GST returns

Revision of GST Return

GST returns for Input Service Distributor (ISD)

TDS calculation under GST returns

GST Returns, Advances received against a supply to be made in future

Post sales discount under GST returns

Procedures to assess credit note and debit note under GST Act

Bills of Entry relating to Import under Goods and Service Tax (GST)

Invoices pertaining to exempted including Nil rated supply under GST

Invoice pertaining to Export and deemed export supply

Invoices pertaining to B2C transactions 

Invoice level information details for GST returns

Components of a valid TDS Return (GSTR-7):

Components of a valid ISD Return (GSTR-6)

Non-Resident Foreign Taxpayers (GSTR-5)

Quarterly Return for compounding Taxpayers (GSTR-4)

Components of valid GST Return (GSTR-3)

GST Return for Inward Supplies received by the Taxpayer (GSTR-2)

GST Return for Outward Supplies made by the Taxpayer (GSTR-1)

Different Tax returns under GST Goods and Service Tax

GST registration and returns filing procedures for PSUs and Government entities

What is RETURNS in terms of Goods and Service Tax?

 

Other details about International business guidelines online training:

What is said to contain in Bill of Lading.
What is Manifest Hold by US customs on import
What is MET exam in US import customs clearance
What is legalization of documents by embassy?
What is LET EXPORT order in export trade?
What is Line number in IGM
What does ECGC do on default of payment of any overseas buyer?
Import of milk,cheese,curd, Kephir and other milk products
Importation processes of Fish and crustaceans
How to import Meat and Edible meat offal
Bank Packing credit to exporters of Floriculture, Grapes and Other Agro-based Products
How is packing credit/pre shipment finance be liquidated?
Bank Pre shipment Finance to exporters
Dimension details of 20’ Hard Top Container
Common tips to importers of Sugars and Sugar Confectionery
Tips to importers of Edible preparations of fish,meat,crustaceans etc
Tips to importers of Bamboos,Rattans,Reeds,Rushes,pips,Betel leaves, Coconut shell, Rudraksha seeds
Tips to import Gums,Resins and other vegetable saps and extracts
How to import products of OIL SEEDS, MEDICINAL PLANTS and MEDICINAL STRAW?
DRY CARGO CONTAINERS
Conditions of Bank to provide Export Packing Credit to Sub-Suppliers
Packing credit pre shipment finance to suppliers for exports through other export agencies
Bank Running Account Facility for Exporters
Negotiation procedures and formalities of export bills

 How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

 

TYPES OF MARINE INSURANCE POLICIES

Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading

USDA hold by US customs for import cargo

Vessel sailing in export business

How to amend measurements in IGM (Import General Manifest) in India

How to amend number of packages in Import General Manifest (IGM)

We have IEC, can we export from all ports?

What are the legal documents in exports

What does ECGC do on default of payment of any overseas buyer?

What happens if Date difference in HBL & MBL

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

What happens if overseas buyer not paid export bills discounted.

What happens if proper tracking of goods not effected in export import business?

What happens if your buyer rejects cargo? What are the major problems if consignee not taken delivery of cargo?

What happens, if Bank not received money from buyer after discounting of export bills?

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

How to make DA mode of payment safe

How to make delay in delivery of Shipment?

How to minimize import cargo clearance time? An open logic proposal to WTO

What happens, if cargo not cleared by importer

What happens, if HAWB number marks wrongly



Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers