Time limit for issuing debit note under GST

[KARAN VERMA]

Sir, what is the time limit under GST for issuing debit note with GST ?

Can i issue debit note related to 2017-18 today.

AI Summary

No Time Limit for Issuing Debit Notes Under GST; Recipient Must Issue by September 30th of Next Financial Year. A query was raised regarding the time limit for issuing a debit note under GST, specifically if a debit note related to the 2017-18 financial year can be issued currently. Responses clarified that there is no time limit for issuing a debit note under GST. However, if a recipient issues a debit note, they must adhere to a time limit of September 30th of the following financial year. It was also advised to consider the applicability of interest in certain situations.