CREDIT NOTE UNDER GST

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(Last Updated On: June 15, 2018)

What is Credit Note under GST in India?

Credit note is to be issued by supplier where original tax invoice has been issued and taxable value in the invoice exceeds actual taxable value OR original tax invoice has been issued and tax charged in the invoice exceeds actual tax to be paid OR Buyer returned the goods to supplier OR Services are found to be deficient.

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