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Credit Note & Debit Note Generator

Generate GST-compliant credit notes (returns/discounts) and debit notes (price increases) instantly. Auto-calculates tax adjustments.

Supplier Details

Buyer Details

Note Details

Reason for Credit Note

Taxable Value
₹0.00
CGST
₹0.00
SGST
₹0.00
Total Credit
₹0.00

Credit Note vs Debit Note Under GST

📄 Credit Note

Issued by the supplier to reduce the taxable value or tax amount.

  • • Goods returned by buyer
  • • Post-sale discount given
  • • Excess tax charged
  • • Deficiency in services

📄 Debit Note

Issued by the supplier to increase the taxable value or tax amount.

  • • Price increase after invoice
  • • Additional charges
  • • Short billing in original
  • • Quality upgrade charges

Mandatory Fields in a GST Credit/Debit Note

  • Name, address, and GSTIN of supplier
  • Unique serial number (within 16 chars, for that FY)
  • Date of issue
  • Name, address, and GSTIN of the buyer
  • Reference to original invoice number and date
  • Taxable value, rate of tax, and amount of tax (CGST, SGST/IGST)
  • Reason for issuing the note
  • Signature or digital signature

Need to generate the original invoice? Use our GST Invoice Generator. For calculating late fees on delayed returns, try our Late Fee Calculator.

For the Section 34 reporting deadline and the difference between GST and commercial notes, read our GST credit and debit note guide.

Frequently Asked Questions

What is the statutory time limit for issuing a credit note under GST?
Under Section 34(2) of the CGST Act, a credit note must be declared in the return for the month in which it is issued, but no later than 30th November following the end of the financial year in which the original supply was made, or the date of filing the annual return (GSTR-9), whichever is earlier.
When must a debit note be issued under Section 34(3) of the CGST Act?
A supplier must issue a debit note when the taxable value or tax charged in the original invoice is found to be less than the actual taxable value or tax payable (e.g. price escalation, short billing, or quality charge adjustments).
Does the recipient buyer have to reverse Input Tax Credit (ITC) when a credit note is issued?
Yes. Under Section 34(2), when a supplier issues a GST credit note to reduce tax liability, the recipient is legally required to reverse the corresponding ITC in Form GSTR-3B to maintain parity with auto-populated GSTR-2B.
What is the difference between a GST credit note and a financial/commercial credit note?
A GST credit note adjusts both taxable turnover and GST liability, requiring reporting in GSTR-1 Table 9B. A financial (commercial) credit note settles commercial balances or post-sale volume rebates without altering GST liability or requiring ITC reversal.
Can a single credit note be issued against multiple original tax invoices?
Yes. Following the amendment to Section 34 of the CGST Act, suppliers are legally permitted to issue a single consolidated credit or debit note linking multiple invoices issued during a financial year.
Where are credit notes and debit notes reported in Form GSTR-1?
Registered B2B credit and debit notes are reported in Table 9B (Credit/Debit Notes Registered). B2B export notes are declared in Table 9B (Unregistered/Exports), and B2C notes are adjusted net against total sales in Table 7.
What mandatory fields must appear on a GST credit note or debit note?
Under Rule 53 of CGST Rules, mandatory fields include: supplier name/GSTIN, unique serial number (up to 16 alphanumeric characters), issue date, recipient name/GSTIN, reference to original invoice number and date, differential taxable value, tax rate, and signature.
Does a debit note allow the recipient buyer to claim additional Input Tax Credit?
Yes. A debit note is treated like a supplementary invoice under Section 16. The buyer is eligible to claim ITC on the additional tax charged, subject to the time limits specified in Section 16(4).
What happens if a supplier issues a credit note after the 30th November deadline?
If a credit note is issued after 30th November of the subsequent financial year, the supplier cannot reduce their outward GST tax liability. However, they can still issue a financial credit note to adjust commercial ledger balances with the client.
Does this generator store my invoice numbers, buyer details, or client data?
No. All document creation, tax calculations, and print formatting execute 100% locally in your web browser. No business records, GSTINs, or invoice details are transmitted or saved.