GST guide

Credit and debit notes

You have sent an invoice and something about it is now wrong. Section 34 says what to do, and the answer is never to edit the invoice.

By Mohit Sehgal, founder of BahiSathi · Updated 12 Sept 2026

Which one you need

The direction of the correction decides it, and nothing else does.

 Credit noteDebit note
Use it whenThe invoice charged too muchThe invoice charged too little
Effect on your liabilityReduces itIncreases it
Typical causeSales return, post-sale discount, overchargeUndercharge, a rate applied too low, extra supplied
DeadlineYes — see belowNo time limit
GSTR-1 tableCDNR if the customer is registered, CDNUR if not

A debit note has no deadline for the simple reason that it increases the tax you owe. The government is in no hurry to stop you paying more.

Why you never edit or delete the invoice

Once an invoice is issued it is a legal document with a serial number in an unbroken series, and your customer may already have claimed credit against it. Changing it after the fact breaks the audit trail on both sides — your return says one thing, the copy in their file says another.

A note is the correction mechanism precisely because it leaves the original intact. The invoice stays as sent; the note sits beside it, references it, and adjusts it. Anyone reconciling later can see both what was billed and what it became.

The same logic explains why a note cannot cancel an invoice you simply should not have raised. A credit note for the full value is the closest thing available, and both documents remain in your records and your return.

What a note must carry

  • A reference to the original invoice — its number and its date. This is what makes it a Section 34 note rather than a loose adjustment, and GSTR-1 rejects a note without it.
  • Its own serial number, from a series consecutive and unique within the financial year, exactly like an invoice.
  • Its own date of issue.
  • The tax adjustment split by head, following the original — a note against an IGST invoice adjusts IGST, not CGST and SGST.
  • A reason, from the seven codes below.

The seven reason codes

These are the values the portal accepts. A note without one is rejected, so the reason is not an optional description field.

CodeReasonWhen
01Sales returnGoods came back.
02Post-sale discountA discount agreed after the invoice went out.
03Deficiency in serviceThe work was not delivered as billed.
04Correction in invoiceA wrong rate, quantity or value on the original.
05Change in place of supplyThe delivery moved, flipping IGST to CGST and SGST or the reverse.
06Finalisation of provisional assessmentRare for a small business.
07OthersAnything the six above do not cover.

The deadline that catches people out

A credit note only reduces your liability if you declare it in time. The cutoff is 30 November following the end of the financial year the original invoice belongs to, or the date you file that year's annual return, whichever comes first.

Past that point you can still issue a commercial credit note to settle things with your customer — but it will not reduce the GST you have already paid. A March invoice returned the following December is the classic version of this, and the money is simply gone.

There is a second condition worth knowing: the reduction in your liability depends on the recipient reversing the corresponding input tax credit at their end. A credit note is not something you can complete unilaterally.

How BahiSathi handles it

You raise a note from the invoice it adjusts rather than from a blank document. Pick the invoice, pick one of the seven reasons, and the customer, the lines and the tax heads come across already matched to the original — so a note against an inter-state invoice cannot accidentally adjust the wrong heads.

The reference to the original number and date is stored on the note, not printed and forgotten, which is what lets the GSTR-1 export place it in CDNR or CDNUR automatically depending on whether your customer is registered. Credit and debit notes run in their own numbering series, restarting on 1 April like every other series.

A note whose linked invoice is missing is reported to you as a warning when you build the return, rather than being quietly dropped from the file you are about to upload.

A plain-language summary of Section 34, not legal advice. The deadline in particular has been amended before — confirm the current position with your accountant before relying on it.

Filling one in by hand instead? Free downloadable credit note and debit note templates, each with the reference fields above already laid out.

Correct an invoice the right way.

Raise the note from the invoice itself, with the reference already filled in.