Question ID :
44985
Debit notes of FY 2025-26 to be responded in 2026-27 FY
We have received a few debit notes of 2025-26 in April 26
Can we respond in April 2026 when there is no sale in April 26
How this negative Output liability will be adjusted
Posted by
Mahesh Kumar
on
Apr 30, 2026
Filed Under
Indirect Taxes
The Negative Output liability will be adjusted in future tax periods when there is a liability under the same Tax Head.
Interhead adjustments are possible in case of Negative Output liability since this is not ITC.
For any further Query Connect on
9624808839
cajayesh@capmbagrecha.com
Posted by
CA Jayesh Bagrecha on
May 20, 2026
Answer ID :
86204
when output liability arises
Posted by
SIVADAS CHETTOOR on
May 31, 2026