This topic contains 1 reply, has 1 voice, and was last updated by Jayakumar Thiruvenkataswamy 8 months, 3 weeks ago.
We used to deal inter state sale of goods. Liability on inter-state sales was settled in cash as IGST. Now we are dealing only in Intra-State sale of goods for which our monthly liability comprise of SGST & CGST. One of our Inter-State Buyer has returned the goods for which we need to issue a credit note with IGST to reduce our output liability. Since there is not IGST output liability in the current month, how is credit note with IGST going to reduce my output liability?
for professional service, kindly mail to firstname.lastname@example.org