What is time limit UNDER gst

This query is : Resolved

Daya (Querist)
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19 April 2022 what is time limit under GST for
Issue of Debit Note
Issue of Credit Note
Last date to take GST input of Previous FY
GST Annual Audit.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 April 2022 Credit Notes and Debit Notes should be issued: On or before the 30th day of September of the financial year, which follows the year in which the goods or services were offered or. On or before the date on which the relevant annual returns for the financial year are filed - whichever of the two is earlier.
It's 30th November last date to take ITC related to previous financial year.
GST audit not applicable.

CA Puja Sharma

CA Puja Sharma (Expert)
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19 April 2022 Credit Notes and debit Notes for a particular FY can be issued up to 30th September of the next FY.
Further, the last date to claim ITC for a particular FY is 30th November of the next FY.

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