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Credit Note under GST

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Student
507 Points Joined September 2012
Hi
Goods sold in July 2019 and bill was issued and also return has been filed, now can we give credit note against that bill in Aug 2020 as there is some discrepancy with the buyer.
Please help
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On 28 August 2020 at 22:01 Report
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Tax and Business Consultant
11616 Points Joined July 2015
Yes, you can give credit note...up to September, 2020
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On 28 August 2020 at 22:40
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Student
507 Points Joined September 2012
What's the time limit for issue of Credit note?
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On 28 August 2020 at 22:42
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Tax and Business Consultant
11616 Points Joined July 2015
Credit Note should be issued by earlier of the following dates:

1. Date of filling of Annual return in which the Original Tax Invoice was issued; OR

2. 30th September of the FY immediately succeeding the FY in which the original Tax Invoice was issued.

So, Generally, it's 30th September of next year.
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On 28 August 2020 at 22:53
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Student
507 Points Joined September 2012
Thanks
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On 28 August 2020 at 22:55
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Tax and Business Consultant
11616 Points Joined July 2015
Welcome......Amish ji
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On 30 August 2020 at 00:14

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