![\"de-linking-of-credit-or-debit-notes-from-invoice\"](\"https:\/\/www.gstrobo.com\/blog\/wp-content\/uploads\/2021\/02\/de-linking-of-credit-or-debit-notes-from-invoice.png\")
<\/figure><\/div>\n\n\n\nWhy De-Linking of Credit\/Debit Notes from Invoice Facility was Introduced?<\/h3>\n\n\n\n
The concept of de-linking of credit\/debit notes from invoice was introduced to the taxpayers to provide the following facility:<\/p>\n\n\n\n
- Issuing single credit\/debit note for multiple invoices at the time of filing GSTR-1<\/a> or GSTR-6,<\/li>
- To identify the table to which such credit\/debit note belongs to on the basis of the type of supply such as SEZ, deemed export, export, regular<\/li>
- The taxpayer can now select Place of Supply (POS) against each credit note or debit note to identify the intra-state or inter-state supply,<\/li>
- Debit\/Credit Notes can be declared without any taxable rate. This will help the taxpayer to report the debit\/credit note value in case if there is any difference in the tax rate. The taxpayer just needs to enter the tax amount in such cases.<\/li>
- The Credit\/debit notes can be easily amended on the basis of the points listed above.<\/li>
- While filing a refund application, taxpayers can now report such credit\/debit notes in statements without mentioning the related invoice number. To do so, the taxpayer just needs to choose the document type from a pull-down bar consisting of the invoice, credit note, or debit note.<\/li>
- The taxpayer can take the benefit for such change for the following refund applications:<\/li><\/ol>\n\n\n\n
- Export of services with payment of tax.<\/li>
- Refund for the supply of goods & services without making the tax payment.<\/li>
- Refund for the supply of goods or services to SEZ<\/a> after making the tax payment.<\/li>
- Refund for the supply of goods or services to SEZ without making the tax payment.<\/li>
- Refund in the case of Inverted duty structure<\/li><\/ul>\n\n\n\n
Advantages of delinking Credit or Debit Notes from Invoices?<\/h3>\n\n\n\n
De-linking of credit\/debit notes will not only reduce the compliance burden but will also help the taxpayers to stay GST compliant.<\/p>\n\n\n\n
The taxpayer will not have to provide an invoice number as a reference in every credit\/debit note at the time of filing GSTR-1 and GSTR-6<\/a>.<\/p>\n\n\n\n
However, the taxpayer must always keep the invoice number as a reference in their accounts for smooth audits.<\/p>\n\n\n\n
How Can GSTrobo\u00ae Help You?<\/h3>\n\n\n\n
GSTrobo\u00ae \u2013 a division of Binary Semantics<\/a> is one of the leading ASP-GSP who provides industry-leading GST compliance software such as\u00a0GST,\u00a0e-way bill<\/a>, and\u00a0e-invoicing\u00a0software<\/a>. These solutions not only seamlessly integrate with all the ERPs but also automates most of your GST compliance.<\/p>\n","protected":false},"excerpt":{"rendered":"
De-linking of Credit or Debit Notes (CDNs) from original invoices was the much-awaited facility that was enabled by the GSTN on 17th September 2020. Before the introduction of delinking of the Credit\/Debit Note facility, the taxpayer had to link credit\/debit notes to their original invoices while filing GSTR-1 or GSTR-6. Why De-Linking of Credit\/Debit Notes … <\/p>\n","protected":false},"author":1,"featured_media":740,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[68],"tags":[185,184,183,178],"class_list":["post-653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst","tag-credit-notes","tag-de-linking-of-credit-note-or-debit-notes","tag-debit-notes","tag-gstr-1"],"aioseo_notices":[],"featured_image_src":"https:\/\/gstrobo.com\/blog\/wp-content\/uploads\/2021\/02\/de-linking-of-credit-or-debit-notes-from-invoice.png","author_info":{"display_name":"GSTrobo","author_link":"https:\/\/gstrobo.com\/blog\/author\/gstblog\/"},"_links":{"self":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/comments?post=653"}],"version-history":[{"count":10,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/653\/revisions"}],"predecessor-version":[{"id":2135,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/posts\/653\/revisions\/2135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media\/740"}],"wp:attachment":[{"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/media?parent=653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/categories?post=653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gstrobo.com\/blog\/wp-json\/wp\/v2\/tags?post=653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}