Berkeley Clock, The Circus, St. Kitts
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What You Must Do If You Receive a Credit Note?

If you receive a credit note, you must:

  • record this in your accounting records
  • on your next VAT return, the adjustment must be recorded as Output Tax on line #135 of your Tax Return form.

If a supplier issues a VAT invoice for goods or services to a recipient for a consideration which is less than the true consideration, the supplier may:

  • cancel and recover the original invoice, and issue a replacement invoice showing the correct amount of any VAT due, if any or;
  • issue a debit note.
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Contact Us

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The Tax Reform Unit (St. Kitts)
Inland Revenue Department
3rd Floor E.C. Daniel Building
Cayon Street
Basseterre
St. Kitts

Tel: (869) 467-1931
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

 

The Tax Reform Unit (Nevis)
Inland Revenue Department
Main Street
Charlestown
Nevis

Tel: (869) 469-5521 ext. 2221
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

 

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