Download GST Debit Note Format Template In Excel

GST implement from 1st July 2017. As a register business will now have to issue GST Invoice for the supply of taxable goods or services. A GST Debit Note format whenever taxable value or tax charge in original invoice is found less than the actual amount.

Rules of GST Debit Note

1) A revised tax invoice refer in section 31 and credit or debit note refer in section 34

(2) Every registered person who has been granted registration with effect from date earlier than the date of issuance of certificate of registration to him may issue revised tax invoices in respect of taxable supplies.

(3) Any invoice or debit note issue in pursuance of any tax payable with the provisions of section 74 or section 129 or section 130 shall prominently contain the words “INPUT TAX CREDIT NOT ADMISSIBLE”.

GST Debit Note Format Excel Template

We have created an excel template for GST Debit Note following the guidelines. Just enter a few details and the template will compute all the rest for you.

This template is helpful to issue debit note against the invoices issued earlier with less tax value or tax amount to your clients with relevant CGST, SGST, and IGST Computations.

It is useful for Traders, Wholesalers, Accounts Assistant, Accountants.

Contents of the GST Debit Note Format

This template has 4 sections

  1. Header Section.
  2. Customer Details Section.
  3. Product and Tax Details Section.
  4. Summary and Signature Section.

1. Header Section

The header section contains company name, company address, company logo, GSTIN and the heading “GST Debit Note”.

2. Customer Details Section

Customer Detail section consists the details of a customer such as the name of the customer, address, GSTIN, Debit Note Number, Place of Supply (POS), the date of issue, the invoice number and the invoice date against which the document is issue.

3. Product-wise Tax Details Section

Similar to your tax invoice this section also contains the same columns:

Sr. No.: Serial number.

Product Description: Size, color, dimensions, etc of Product.

HSN/SAC Codes: Harmonized System Nomenclature code of goods or Services Accounting Code of services.

Qty: Quantity of goods.

Units: Unit of the product

Rate: Every product has a price per unit. Enter the rate of your product.

Total Sale: This column is auto calculated where Total Sale = Quantity X Rate.

Disc.: Applicable discount on goods or services

Taxable Value: Taxable value is the amount in which the tax is applicable. This column is also auto calculate where Total Sale – Discount = Taxable Value.

CGST: This column contains 2 subdivisions. The applicable rate of CGST and amount of CGST. The rate is enter manually. The Amount column of CGST is auto calculate. Taxable Value X Rate of CGST.

SGST and IGST: Both these columns of tax have similar formats to CGST. The respective rates of SGST and IGST are enter manually and the Amount= Taxable Value X Rate of SGST/IGST.

Note: When IGST is applicable, CGST and SGST will not collect.

Total: A Horizontal total of each column for summary.

4. Summary and Signature Section

Summary and signature section contains billing amount payable by customer, signature box for authorized signatory, remarks and business greetings.

Total Taxable Value = Total Invoice Value – Discounts.

Grand Total = Total Taxable value + CGST + SGST + IGST.

Download this GST Debit Note Format template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get GST Debit Note Format Excel Template

Instruction :

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