TMI BlogCancellation of invoices under GSTX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Professionals, My query is that under GST Tax Regime how to counter continuous cancellations of GST invoices of rental bills And service bills given to the respective parties. The reason for can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cellation is non payment of invoices due to recession in market due to Covid-19. With Warm Regards J S Uppal Tax Professional - Reply By KASTURI SETHI - The Reply = First step is to revise the t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erms and conditions of rent deed in view of Covid-19 Cancellation of invoices is to be done within 24 hours. Since cancellation after 24 hours is not possible on IRN, one can manually cancel the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... same on GST portal before filing the returns. - Reply By Ganeshan Kalyani - The Reply = I agree with Sri Kasturi Sir's view. The alternative way could be raising credit note against the original ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... invoice. - Cancellation of invoices under GST - Query Started By: - Jasbir Uppal Dated:- 11-11-2020 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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