supplier is under-supply for our Purchase Order & won’t supply the outstanding again. After meeting, supplier agreed with compensation RM5000 for this PO but request tax invoice from us. Anyone know this GST treatment? Supplier should issue CN to us rather than i issue tax invoice or invoice to supplier, right? what GST tax code for it ? Pls help.

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You are correct.  The supplier should issue a credit note to you instead of otherwise.

Answered on March 1, 2017. 2017-03-01 06:19:59
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Yes.

Answered on March 1, 2017. 2017-03-01 08:45:19
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so this RM5000 is (other income) Compensation received, tax code is OS, am i right?

Answered on March 1, 2017. 2017-03-01 08:10:42
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