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Credit note limitations

ITC / Input 318 views 7 replies
what is limitation for credit note (time limit)plz clear me
Replies (7)
As per Section 34(2) of CGST shall not be issued later than September following end of FY or Date of furnishing Annual Return , whichever is earlier
Yes.... I agreed to Mr Pankaj Rawat's reply...

means we cannot raise credit note against invoice of last FY into this FY?

Originally posted by : Sanvi Kamath
means we cannot raise credit note against invoice of last FY into this FY?

 

Ask Your query with clearly.... Which FY you ask?

I have to issue credit note for invoice raised in Sep. 2018. can i issue credit note for sep.18 invoice in the month of Nov. 19 

Originally posted by : Sanvi Kamath
I have to issue credit note for invoice raised in Sep. 2018. can i issue credit note for sep.18 invoice in the month of Nov. 19 

 

NO.... THE TIME LIMIT IS SEP-19...

Ok Thank you

 


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