Credit notes issue time limit


Querist : Anonymous (Querist) 12 May 2011

Dear Expert,
can you tell me with refernce that is there any time limit specified in finance act 1994 or service tax rules for time limit of issue of credit notes in specified time limit from issue of original invoice. ( like wise in VAT that credit or debit notes need to be booked within 6months from date of invoice, otherwise it will laps.)

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