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of <h1>Assam Govt Clarifies GST Rules for Expired Drug Returns: Options for Invoices, Credit Notes, and ITC Reversal.</h1> The circular from the Assam government clarifies the procedure for returning time-expired drugs under GST laws. Retailers or wholesalers can treat the return as a fresh supply, issuing an invoice or bill of supply, with input tax credit (ITC) available to recipients, except for composition taxpayers. Alternatively, a credit note can be issued for returns, allowing tax liability adjustments if within specified time limits. If goods are destroyed, manufacturers must reverse ITC. The circular applies to other return scenarios and is for clarification, not legal interpretation. Difficulties in implementation should be reported to the Commissioner.
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