Format pack, 3 formats · FV05-C2

Credit Notes and Debit Notes

A credit note is the only instrument that reduces output tax already declared, it dies on 30 November following the financial year of the supply, and after the Finance Act 2026 it works only if the recipient reverses the corresponding credit.

Length
4 pages
Blanks to fill
80
Files
Word and PDF
Law stated to
13 September 2026

The 3 formats inside

  1. 1Credit note under section 34s.34(1) · s.34(2) · Rule 53(1A)41 blanksOn its own₹149
  2. 2Debit note under section 34s.34(3) · s.34(4) · Rule 53(1A)35 blanksOn its own₹149
  3. 3Commercial (financial) credit note, no tax adjustments.15(3) · Circular 251/08/2025-GST20 blanksOn its own₹149

Read the opening

The first part of “Credit note under section 34”, as it downloads. Blanks are highlighted.

On the letterhead of the supplier — this document reduces output tax and obliges the recipient to reverse credit

CREDIT NOTE (issued under section 34(1) of the CGST Act 2017)

Supplier: [Supplier's name], [Supplier's address] · GSTIN: [Supplier's GSTIN] · State: [Supplier's State] ([Supplier's State code])

11 more paragraphs and tables follow in the full format.

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