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Section 10: Amendment of rule 53

The Karnataka Goods and Services Tax (Seventh Amendment) Rules, 2019.State Rules of Karnataka · 2017

In sub-rule (1) of rule 53 of the said rules,–

(i) the words and figures “and credit or debit notes referred to in section 34” shall be omitted;

(ii) clause (c) shall be omitted;

(iii) clause (i) shall be omitted;

(iv) after sub-rule (1), the following sub-rule shall be inserted, namely:– “(1A). A credit or debit note referred to in section 34 shall contain the following particulars, namely:–

(a) name, address and Goods and Services Tax Identification Number of the supplier;

(b) nature of the document;

(c) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters-hyphen or dash and slash symbolised as “-” and “/” respectively, and any combination thereof, unique for a financial year;

(d) date of issue of the document;

(e) name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient;

(f) name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered;

(g) serial number(s) and date(s) of the corresponding tax invoice(s) or, as the case may be, bill(s) of supply;

(h) value of taxable supply of goods or services, rate of tax and the amount of the tax credited or, as the case may be, debited to the recipient; and

(i) signature or digital signature of the supplier or his authorised representative.”

Where this provision sits

ActThe Karnataka Goods and Services Tax (Seventh Amendment) Rules, 2019.
Section10
Marginal noteAmendment of rule 53
JurisdictionState of Karnataka
StatusIn force as published by the source

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