16 April 2018
We have recieved credit notes from the supplier .. should we consider in the month of march for the financial year 2017-2018 or can we consider before September .. as the ACT says The details have to be declared on earlier of the following dates:
September following the end of the year in which such supply was made, the date of filing of the relevant annual return
16 April 2018
The person who issues a credit note in relation to a supply of goods or services or both must 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.
CAclubindia
