TaxTMI 
TaxTMI 
Whether we issue debit notes today invoices/service pertains to F.Y 2016-17 ...?
Is there any time limit for issuance of debit notes & for this which section can refer ...?
Please help ...
Issuing debit notes for f.y 2016-17 related services
27 Jan 2020 
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Issuance of debit notes may be allowed; GST applies for price escalations under transitional provisions.
Query whether debit notes for prior-year services may be issued and whether there is a time limit; responses indicate financial credits/credit notes can be issued and, where adjustments arise from price escalation, GST on the additional amount is payable under the transitional provisions. (AI Summary)
Query whether debit notes for prior-year services may be issued and whether there is a time limit; responses indicate financial credits/credit notes can be issued and, where adjustments arise from price escalation, GST on the additional amount is payable under the transitional provisions. (AI Summary)