DEAR ALL,
WE MADE SALE IN THE MONTH OF MARCH-2019.
FOR THE SAME PART QTY IS RETURNED AND STILL WE HAVE NOT ISSUED THE CREDIT NOTE.
SO CAN ISSUE CREDIT NOTE NOW AGAINST THE SAME INVOICE.
OR USUALLY WHAT WILL BE THE TIME LIMIT.
Menu
Time limit for Issue of Credit Note to GST Refund
Replies (2)
Sec 34(2) of CGST Act, "Any registered person who issues a credit note in relation to a supply of goods or services or both shall declare the details of such credit note in the return for the month during which such credit note has been issued but not later than September following the end of the financial year in which such supply was made, or the date of furnishing of the relevant annual return, whichever is earlier, and the tax liability shall be adjusted in such manner as may be prescribed"
Yes... I agreed to Mr Deepak Gupta's view.
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
