When you file GSTR-1 on or before February 11, 2025, the specified new rules will have to be followed otherwise the return will be considered faulty. If the supplier's GSTR-1 is faulty then the ...

If Invoice Value > Amount Due from Customer - Issue Credit Note. If Amount Due from Customer > Invoice Value - Issue Debit Note. Procedure for Issuing a Credit Note under GST The GST Rules provide a ...

Debit notes and invoices are similar documents, but they aren't necessarily the same. Invoices are bills. This means that they indicate information about a sale, including the goods and services ...

The e-invoice format, as specified in GST rules, is designated as Form GST INV-1. ... Tax Invoices, Credit Notes, and Debit Notes: These should be issued in accordance with Section 34 of the CGST Act ...

SBI Debit Card Charges: With effect from April 1, 2024, SBI will levy Rs 75 more (excluding GST) from its customers holding debit cards as annual maintenance charges, according to the bank’s website, ...

For taxpayers seeking to modify or cancel e-invoices, options exist beyond solely relying on Debit/Credit notes. While these notes remain a crucial tool for adjusting invoice amounts after issuance, ...

Note that you can apply more than one set of conditional formatting rules to a data set — so you could, for instance, highlight the top 5 values in red and the bottom 5 values in yellow. Shimon ...

In order to provide sufficient time for taxpayers to comply with this requirement, this new format would be implemented from May 1, 2023. This restriction will apply to invoice, and there will be no ...