QUESTION

Sir, We are supplier of goods and issued E INVOICE as our sale is above 100 Crore, in the year end, parties issued us debit note (Financial) and being supplier , we have to issue credit note to these parties but parties are asking credit note dt. 31.3.2021 date only. Parties are asking that they have closed our account on March,2021 , but being supplier , we have to geneare E Credit note but we have filed our GSTR-1 of March, 2021 now how we can generate E invoice, (i) if we genearte IRN Now, it will show in GSTR-1 of Ajpril,2021 month but we are supplised to take benefit in March,2021. please guide whether we can generate E invocie / E debit note / E credit note later no in earlier month Feb. and March,2021 also, we supplied goods but staff could not generate the IRN due to tecnical error which we have generate IRN in April 2021 Please guide whether our practice is correct or what method we should follow so that no violation / penal provision is not invoked by GST Audit team later on.

ANSWER

Facts of the case: ABC is supplier of goods and issued E INVOICE as sale is above 100 Crore. In the year end, parties issued debit note (Financial) and being supplier, ABC have to issue credit note to these parties but parties are asking credit note dt. 31.3.2021 date only as they have closed accounts on March, 2021. (i) if ABC generates IRN Now, it will be shown in GSTR-1 of April, 2021 month but he is supposed to take benefit in March, 2021.

Reply: Yes, you have rightly said that the E credit note can't be generated in backdate.
Therefore you can issue a commercial credit note dated 31.03.2021 followed by E Credit note on the current date. (Reply dt. 15/04/2021)