Menu
Post Gst sale return clause compare to mvat. within six month rule
any clause applicable compare to mvat rule within six month? against sale return?
Replies (1)
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 .
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 .
Recent Topics :
- [NO COURSE/NO FEES] A Senior Finance Manager’
- [NO COURSE/NO FEES] A Senior Finance Manager’
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
Related Topics :
CAclubindia
