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Post Gst sale return clause compare to mvat. within six month rule

Vivek Katole (3 Points)

13 August 2020

any clause applicable compare to mvat rule within six month? against sale return?

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Pankaj Rawat (GST Practitioner) (55030 Points)
Replied 13 August 2020

In GST in term of Section 34 of CGST Act, any credit/debit note against relevant Invoice can be issue till September following the end of FY in which such supply is made.
ie for Fy 2019-20 , the credit note can be issued till September 2020.

Note : Goods can be return after September also but neither the Supplier can reduce is output tax liability nor the recipient can reduce his ITC .