GST

Debit Note

A document that increases the value of a previous invoice — for undercharges or additional supply — adding the related GST.

A debit note is issued when the value of an earlier invoice needs to be increased, for example an undercharge, a price revision, or additional goods supplied. It adds the corresponding GST, increasing the supplier’s liability and the buyer’s eligible input tax credit.

Like credit notes, debit notes are reported in GST returns and linked to the original invoice. Together they keep tax correct when transaction values change after invoicing.

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