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of <h1>GST Guidelines for Returning Expired Drugs: Invoices, Credit Notes, and ITC Reversal Explained for Retailers and Wholesalers.</h1> The circular outlines the procedures for returning time-expired drugs or medicines under GST laws. Retailers or wholesalers can treat returns as fresh supplies, issuing invoices or bills of supply, with conditions on Input Tax Credit (ITC) eligibility depending on their registration status. Alternatively, suppliers can issue credit notes for returned goods, allowing tax liability adjustments if issued within specified time limits. If goods are destroyed, manufacturers must reverse ITC as per the CGST Act. The circular applies to returns due to expiry or other reasons and requests dissemination of its contents for uniform implementation.
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