https://www.taxtmi.com/circulars?id=60675 Retailers or wholesalers returning time expired drugs may treat the return as a return supply (registered non composition: issue invoice; composition: bill of supply and pay composition tax; unregistered: commercial document without tax). The recipient may claim Input Tax Credit (ITC) subject to Section 16; if the manufacturer destroys returned goods he must reverse the ITC availed on the return supply under clause (h) of sub section (5) of section 17. As an alternative, the original supplier may issue a credit note under section 34; tax adjustment and portal upload depend on the time limit in sub section (2) of section 34. en-us Mon, 31 Dec 2018 00:00:00 +0530 Wed, 01 May 2019 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60675 Retailers or wholesalers returning time expired drugs may treat the return as a return supply (registered non composition: issue invoice; composition: bill of supply and pay composition tax; unregistered: commercial document without tax). The recipient may claim Input Tax Credit (ITC) subject to Section 16; if the manufacturer destroys returned goods he must reverse the ITC availed on the return supply under clause (h) of sub section (5) of section 17. As an alternative, the original supplier may issue a credit note under section 34; tax adjustment and portal upload depend on the time limit in sub section (2) of section 34. Circulars GST - States Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60675