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of <h1>Himachal Pradesh clarifies GST procedure for returning expired drugs: fresh supply or credit note options. Effective 10/26/18.</h1> The circular from the Himachal Pradesh Excise and Taxation Department clarifies the procedure for returning time-expired drugs or medicines under the GST laws. It outlines two main methods: treating the return as a fresh supply or issuing a credit note. For a fresh supply, registered persons can issue an invoice, and the recipient may claim Input Tax Credit (ITC), subject to conditions. Alternatively, a credit note can be issued, allowing tax liability adjustments if done within specified time limits. The circular also addresses ITC reversal when expired goods are destroyed and is effective from October 26, 2018.
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