About credit note

Discussion in 'GST (Goods & Service Tax)' started by Ramesh Gurjar, Aug 19, 2017.

  1. Ramesh Gurjar

    Ramesh Gurjar New Member

    Dear sir,
    I received credit note from registered company I am also register dealer if I received credit (indirect income)note from company then reverse charge is applicable or not.
  2. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    you''ll get credit as per sec 140(3), subject to condition mentioned in the sec

    Reverse charge is not applicable in your case...... You can shown it as discount received under indirect income...........

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