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A GST credit note reverses all or part of an invoice when goods are returned, the price or GST charged was too high, goods were deficient, or an agreed discount applies (Section 34). Rule 53(1A) asks for the original invoice number and date, taxable value and GST credited. Fill them in below, then print or save as PDF or Excel.
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Your business name
State: Gujarat (24)
CREDIT NOTE
ORIGINAL FOR RECIPIENT
Issued to
Customer
Unregistered
State: Gujarat (24)
| # | Description | HSN/SAC | Qty | Rate | Disc. | Taxable value | GST | CGST | SGST | Amount |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cotton shirt (returned, size M) | 6205 | 1 pcs | 799.00 | - | 799.00 | 5% | 19.98 | 19.98 | 838.96 |
| GST rate | Taxable | CGST | SGST |
|---|---|---|---|
| 5% | 799.00 | 19.98 | 19.98 |
Amount in wordsRupees Eight Hundred Thirty Nine Only
For your business
Authorised signatory
Made with the free credit note maker at richdaddy.in
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| Rule 53(1A) item | On this credit note |
|---|---|
| (a) Supplier name, address and GSTIN | Your business box |
| (b) Nature of the document | CREDIT NOTE heading |
| (c) Serial number, up to 16 characters, unique for the year | Credit note number (CN/26-27/001 style) |
| (d) Date of issue | Credit note date |
| (e), (f) Recipient details, GSTIN or State and code | Issued to box and place of supply |
| (g) Number and date of the original invoice(s) | Against invoice no. and Invoice date |
| (h) Taxable value, rate and tax credited | Item lines, GST %, CGST + SGST or IGST and the tax summary |
| (i) Signature | "Authorised signatory" line |
A shop billed 2 cotton shirts at ₹799 each (5% GST, same State) on invoice INV/26-27/045. The customer returns one.
| Line | Original invoice | Credit note |
|---|---|---|
| Taxable value | ₹1,598.00 | ₹799.00 |
| CGST 2.5% + SGST 2.5% | ₹39.95 + ₹39.95 | ₹19.98 + ₹19.98 |
| Total | ₹1,678 (rounded) | ₹839 (rounded) |
| Reference | INV/26-27/045 | CN/26-27/001 against INV/26-27/045 |
Use the same HSN and GST rate as the original line, even if the rate has changed since: the credit note reverses that invoice. More on the rules in credit note in GST: meaning and format, and for counter returns from walk-in buyers, sales return and credit note for B2C customers.
Section 34 and Rule 53 as published on taxinformation.cbic.gov.in, read on 25 October 2026. This tool makes a printed or PDF credit note; it does not report it on the GST portal. Check the time limit and ITC reversal with your CA.
Rule 53(1A) of the CGST Rules lists it: supplier name, address and GSTIN; nature of the document (Credit note); a serial number of up to 16 characters, unique for the financial year; date of issue; recipient name, address and GSTIN or UIN if registered, or name, address, delivery address and State with code if unregistered; serial numbers and dates of the original invoices; taxable value, tax rate and tax credited; and a signature.
Section 34(1) of the CGST Act allows it when the taxable value or tax on an invoice was more than it should have been, when the buyer returns the goods, or when goods or services are found deficient. A discount after the sale reduces value only if it was agreed at or before the time of supply and is linked to the invoices, as Section 15(3)(b) sets out.
Section 34(2) says the credit note must be declared in the return for the month it is issued, and not later than 30 November following the end of the financial year of the supply, or the date of filing the annual return, whichever is earlier. For a sale made in 2025-26, that is 30 November 2026 at the latest.
Yes. Since 1 February 2019, Section 34(1) allows one or more credit notes for supplies made in a financial year, and Rule 53(1A)(g) asks for the serial numbers and dates of the corresponding invoices. Type the invoice numbers separated by commas in the Original invoice number box.
Usually, yes, for the month in which you report it. The proviso to Section 34(2) says the supplier cannot reduce output tax if a registered buyer who took input tax credit has not reversed it, or, in other cases, if the tax was passed on to someone else. Your CA will check this when filing.
A sales return slip or exchange voucher is an internal shop record. A GST credit note is the tax document that reverses the value and GST of the original invoice. For walk-in customers, see the guide on sales returns and credit notes for B2C bills.
A credit note lowers the value or tax of an earlier invoice (Section 34(1)); a debit note raises it when the value or tax charged was too low (Section 34(3)). A debit note includes a supplementary invoice.
In RichPOS a sales return corrects stock and the ledger from the original bill, and the GSTR-1 report splits B2B, B2C and credit notes for your CA.
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