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<h1>Understanding Section 34 of Maharashtra GST Act: Issuing Credit and Debit Notes for Tax Adjustments and Compliance</h1> Section 34 of the Maharashtra Goods and Services Tax Act, 2017, addresses the issuance of credit and debit notes. A registered supplier can issue a credit note when the taxable value or tax charged exceeds the payable amount, goods are returned, or services are deficient. The details must be declared in the monthly return by September of the following financial year. Conversely, a debit note is issued when the taxable value or tax is less than payable. Details must be declared in the monthly return. Adjustments to tax liability are made as prescribed, and debit notes include supplementary invoices.