Changes in GST Credit & debit notes from 01.02.2019 जीएसटी क्रेडिट और डेबिट नोटों में परिवर्तन
GST Credit and Debit Notes
Section 34 of CGST Act 2017 Amended for. Credit and debit notes., so as to allow registered persons to issue consolidated credit or debit notes in respect of multiple invoices issued in a Financial Year.
Example-1 : Where more than one Tax Invoice Issued
Date
Tax
Invoice No
Amount
GST
Total
01.02.2019
1
1000
180
1180
10.02.2019
2
2000
360
2360
11.02.2019
3
3000
540
3540
You can Issue One Consolidated Credit Note for all Invoices
Date
Credit
Note No
Amount
GST
Total
12.02.2019
1
500
90
590
Example -2 : Where one Tax Invoice Issued
Date
Tax Invoice No
Amount
01.02.2019
1
10000
You can
issue more than one credit Note for Tax Invoice
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