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of <h1>Rajasthan Tax Dept. Issues Guidelines for Returning Expired Drugs Under GST: Fresh Supply or Credit Note Options Explained.</h1> The circular issued by the Government of Rajasthan's Commercial Tax Department provides guidelines on returning time-expired drugs or medicines under the GST framework. It outlines two procedures for returns: treating them as fresh supply or issuing a credit note. For fresh supply, registered persons can issue an invoice, allowing the recipient to claim Input Tax Credit (ITC), while unregistered persons can use a commercial document without tax. For credit notes, suppliers can adjust tax liability if issued within a specified timeframe. If goods are destroyed, manufacturers must reverse ITC. The circular applies to expired goods and similar return scenarios.
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