There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a ...

In this article, we differentiate the credit note issued for B2B supply Vs B2C supply and how to deal with credit note issued under GST; Now, the functionality/ facility of invoice management system ...

The Goods and Services Tax (GST) framework in India has undergone ... When recipients reject a credit note, suppliers face an increased tax liability in the following tax period.

Under GST law, businesses (suppliers/sellers ... This restriction would apply to all document types (Invoices/Credit ...