<p style="text-align:justify"><span style="font-size:14px"><span style="background-color:white"><span style="color:#333333">For issuing a credit note, an invoice should have been issued earlier. A credit note may be issued in the following cases:</span></span></span></p>

<p style="text-align:justify">&nbsp;</p>

<ul>
	<li style="text-align: justify;">
	<p><span style="font-size:14px"><span style="background-color:white"><span style="color:black">Taxable invoice in invoice &gt; Taxable value in respect of such supply.</span></span></span></p>
	</li>
	<li style="text-align: justify;">
	<p><span style="font-size:14px"><span style="background-color:white"><span style="color:black">Tax charged in invoice &gt; Tax payable in respect of such supply.</span></span></span></p>
	</li>
	<li style="text-align: justify;">
	<p><span style="font-size:14px"><span style="background-color:white"><span style="color:black">When the goods supplied by the supplier are returned by the recipient.</span></span></span></p>
	</li>
	<li style="text-align: justify;">
	<p><span style="font-size:14px"><span style="background-color:white"><span style="color:black">Where the goods or services or both found to be deficient.</span></span></span></p>
	</li>
</ul>