Late issues credit & debit note

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133 Points Posted on 05 December 2020
debit note is aug-19
credit note not issued till july-20

can now issue the same?
can take tax reduction under gst ?
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On 05 December 2020 at 13:55 Report
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Quick Summary
This discussion addresses the late issuance of credit and debit notes, specifically concerning GST implications. While a debit note from August 2019 can be issued, it cannot have GST implications. Similarly, a credit note not issued until July 2020 can only be a financial credit note, meaning it will not have any GST impact.

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GST Practitioner
55067 Points Posted on 06 December 2020
No ........... can issue but without GST implications.
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On 06 December 2020 at 19:28
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QUALIFIED CHARTERED ACCOUNTANT
613 Points Posted on 06 December 2020

Yes you can issue only financial credit note. i.e. without GST 

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On 06 December 2020 at 21:52

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