Mr. Suresh, a supplier of readymade garments issued an invoice to a customer and erroneously charged a higher value by - 54,000. Such an invoice was…

CA Intermediate · Taxation · MTP · January 2026
Mr. Suresh, a supplier of readymade garments issued an invoice to a customer and erroneously charged a higher value by - 54,000. Such an invoice was issued on 15th October. Which document is required to be issued by the company in respect of the invoice issued on 15th October?
(A) Debit note
(B) Credit note
(C) Bill of supply
(D) Revised Tax invoice

Suggested Answer and Working Notes:

Correct Answer: Option (B)

Credit note

Topics: Paper 3B: Goods and Services Tax

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