what if party return the material (Pharmacy items), after the 6 months,
so can we make GST credit note for this return or we make credit note without GST because its return after 6 months
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Quick Summary
This discussion addresses the complexities of issuing GST credit notes for pharmacy item returns made more than six months after the original invoice. It clarifies that the six-month rule isn't a strict GST limitation but rather relates to financial year reporting. Adjustments for returns can typically be made in the September GST return or the annual return of the subsequent financial year.
You can a "Financial Year" related activities in the next FYs September GST returns or Annual Return for the FY... It mean for example... If Your query about FY 19-20 (01/04/2019 to 31/03/2020) then any changes or Debit/credit note can be on or before filing of September-2020 return or Annual return for FY 19-20...
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