Time limit for issuing debit/credit notes: issue within 30 days of price revision; downward revisions require recipient to reduce ITC. Issuance of debit/credit notes or a supplementary invoice must occur within 30 days of a price revision; reduction of tax liability for downward price revisions is allowed only if the recipient correspondingly reduces their input tax credit.
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Provisions expressly mentioned in the judgment/order text.
Time limit for issuing debit/credit notes: issue within 30 days of price revision; downward revisions require recipient to reduce ITC.
Issuance of debit/credit notes or a supplementary invoice must occur within 30 days of a price revision; reduction of tax liability for downward price revisions is allowed only if the recipient correspondingly reduces their input tax credit.
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