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Whether credit Note will be issued along with the benefit of SGST, CGST or IGST?

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Whether credit Note will be issued along with the benefit of SGST, CGST or IGST?
posted Dec 21, 2017 by Ati Kumar

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1 Answer

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As per the clause of FSA, Credit note will be issued only for the Basic Price. It is prudent to mention here that, as per the present practice, we are issuing credit note only for the basic price without statutory levies. The same practice will be continuing in GST regime also.

answer Dec 22, 2017 by Deepika Jain
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