Credit note for supply done in 17-18.
Vishal Garge (73 Points)
22 November 2019is there any order or notification for the same?
Vishal Garge (73 Points)
22 November 2019
JATIN DUGGAL
(CHARTERED ACCOUNTANT IN PRACTICE)
(406 Points)
Replied 22 November 2019
The last date to issue credit notes in respect of supplies effected in F.Y. 2017-18 was 30.09.2018. After that date no such credit note can be issued. Refer Section 34(2) of CGST Act, 2017. However, the Board vide Removal of Difficulty Order No. 02/2018 dated 31.12.2018 provides that credit notes already issued but not reported or wrongly reported can be rectified till 31.03.2019. Hence, no such credit note can be issued / reported now as due date has lapsed.
Vishal Garge
(73 Points)
Replied 22 November 2019
JATIN DUGGAL
(CHARTERED ACCOUNTANT IN PRACTICE)
(406 Points)
Replied 22 November 2019
It seems to be a technical flaw, as no order or notification has been issued now
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 22 November 2019