https://www.taxtmi.com/circulars?id=57590 Provides two compliant procedures for return of time-expired drugs under the RGST Act: (1) treat the return as a fresh supply-registered non-composition returners issue an invoice at original value enabling the recipient to claim ITC subject to Section 16, composition taxpayers issue a bill of supply (no ITC to recipient), and unregistered persons use a commercial document without tax; destruction after receipt requires reversal of ITC on the return supply. (2) Issue a credit note-if within the statutory time limit tax liability may be adjusted (subject to recipient's ITC position); if after the time limit tax adjustment is not allowed and portal upload by supplier is not required. en-us Tue, 30 Oct 2018 00:00:00 +0530 Sat, 10 Nov 2018 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57590 Provides two compliant procedures for return of time-expired drugs under the RGST Act: (1) treat the return as a fresh supply-registered non-composition returners issue an invoice at original value enabling the recipient to claim ITC subject to Section 16, composition taxpayers issue a bill of supply (no ITC to recipient), and unregistered persons use a commercial document without tax; destruction after receipt requires reversal of ITC on the return supply. (2) Issue a credit note-if within the statutory time limit tax liability may be adjusted (subject to recipient's ITC position); if after the time limit tax adjustment is not allowed and portal upload by supplier is not required. Circulars GST - States Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57590