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Rule 96A of CGST Rules, 2017, Goods and Services Tax - GST

Issue Id: - 119483
Dated: 24-12-2024
By:- RaamSrinivasan Kalpathi

Rule 96A of CGST Rules, 2017


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We had raised an Engineering Services Invoice for our overseas client on 10-Oct-24 under LUT. On 23-Oct-24 the client cancelled the Order on account of design deficiency and we issued a Credit Note to the said client for an equal amount. Both the einvoice and credit note were reported in GSTR-1 in the same month. Will provisions of Rule 96A kick in? Do we still have to remit GST to the department with interest u/s.50 in Form DRC-03? Thanks

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1 Dated: 24-12-2024
By:- Manoj Thakur

No, if you have filed credit note in table 9B of GSTR1


2 Dated: 24-12-2024
By:- RaamSrinivasan Kalpathi

I am delighted at the prompt reply.  Would the answer be the same in the following situations, viz.

Date of e-invoice - 01-Oct-23 and date of credit note 25-Oct-24

Date of e-invoice - 20-Nov-23 and date of credit note 15-Apr-24

Would like to comprehend the sanctity of Rule 96A(1)(b) (15 days from the end of one year) vs. Sec.34(2) deadline of 30th November.

Thanks in advance


3 Dated: 24-12-2024
By:- Ganeshan Kalyani

Sir, credit note date in both the scenario is within the timeline prescribed u/s 34. Otherwise also tax was not paid on export since it being under LUT.


Page: 1

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