CREDIT NOTE
Issued under Section 34(1) of the CGST Act, 2017 to reduce the value/tax of a tax invoice
| Supplier Name / GSTIN | [Business Name] / [Supplier GSTIN] |
| Credit Note No. | [Serial No.] |
| Credit Note Date | [DD/MM/YYYY] |
| Original Invoice No. & Date | [Invoice No.] / [DD/MM/YYYY] |
| Recipient (Party) / GSTIN | [Party Name] / [Recipient GSTIN] |
| Place of Supply | [State & State Code] |
| Reason | [Sales return / post-supply discount / deficiency in supply] |
| Description | Reduction in Taxable Value | CGST | SGST | IGST | Total ₹ |
|---|---|---|---|---|---|
| [Reason of reduction] | [₹ Amount] | [₹] | [₹] | [₹] | [₹] |
Total Credit Note Value (in words): [Rupees ... Only]
For [Business Name]
Authorised Signatory: ____________________
Legal note: A credit note reducing tax must be declared by 30th November following the end of the financial year of supply, or the date of filing the annual return, whichever is earlier. Tax liability may be reduced only if the recipient reverses the corresponding ITC.