Sign In

All QuestionsCategory: GST CompliancesEffect of Credit Note Without Implication of Tax
Profile photo of ACHYUT SHARAD LOHARACHYUT SHARAD LOHAR asked 6 years ago

Effect of Credit Note Without Implication of Tax

Sir

If A is a trader and he purchase goods from B
B gives credit note to A for achieving his sales target
B is giving Credit note without any GST implication in his credit note or without GST reversal
what will be the effect of these credit notes? can we book these credit note by the issue of debit note without the tax implication
Is there will any tax liability arise in future for B? please give details information
Mo 9595185757

Answer the question
1 Answers
Profile photo of ACHYUT SHARAD LOHARACHYUT SHARAD LOHAR answered 6 years ago

i want to ask  Is there will any tax liability arise in future for A? and in case of B also