Time Limit for Issuing Taxable Credit Note
This query is : Resolved
16 November 2021
Sir,
I Have issued a customer sales invoice one year before and now due to some customer complaint I want to take return of the said material. Then I want to know can I issue a credit note without tax for the said return. Or I will issue a Credit note with Tax. Please Clarify....
I Have issued a customer sales invoice one year before and now due to some customer complaint I want to take return of the said material. Then I want to know can I issue a credit note without tax for the said return. Or I will issue a Credit note with Tax. Please Clarify....
16 November 2021
If the tax was paid earlier over the sale, issue credit note with tax.
16 November 2021
Time limit to issue Credit Notes is till September followed by a financial year in which the actual transaction took place, tax invoice or till the date of filing annual return for that financial year.
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