Credit note for 2021
Renu (Student) (460 Points)
30 June 2022
Can I raise credit note now for the sale made on 24th March 2021?
5 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 30 June 2022
As per section 34 (2) of the CGST act, last month to issue credit note pertains to F.Y 20-21
was September month of 2021 or Annual return 2021 whichever ever is earlier.
was September month of 2021 or Annual return 2021 whichever ever is earlier.
David
(article Assistant)
(1639 Points)
Replied 30 June 2022
No. the time limit is exceeded...You cannot raise credit note
Naveen Kumar
(729 Points)
Replied 30 June 2022
No you can't raise the credit note time period is Lapse
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 30 June 2022
No, now you cannot issue CN for FY 2020-21
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