Customer Care

GST Tip – 227

As per the Tax Invoice, Credit and Debit Note Rules, released for GST on 18th May 2017, on receipt of advance from customer for supply of goods or services or both under GST for future supply a receipt voucher is being issued by the recipient to account tax,  if the same supply is not executed for some reason or other, the recipient has to return the money to the customer which is taken as advance and for this a new document has to be issued known as refund voucher along with the tax amount to the customer. The data elements to be shown on refund voucher are given in Rule 6.