https://www.taxtmi.com/forum/issue?id=119012 If a credit note is issued within the statutory time limit for issuance of credit notes, it may be used to correct an amended or misaddressed invoice; issuance timing is the key validity condition. Recipient acceptance is not a precondition for the declarant to reduce outward supplies in GSTR 3B and declare the credit note in GSTR 1, but the declarant should ensure the recipient has not availed input tax credit and may obtain a declaration to that effect. en-us Tue, 27 Feb 2024 15:25:28 +0530 Fri, 24 Jan 2025 10:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119012 If a credit note is issued within the statutory time limit for issuance of credit notes, it may be used to correct an amended or misaddressed invoice; issuance timing is the key validity condition. Recipient acceptance is not a precondition for the declarant to reduce outward supplies in GSTR 3B and declare the credit note in GSTR 1, but the declarant should ensure the recipient has not availed input tax credit and may obtain a declaration to that effect. Discussion-Forum GST Tue, 27 Feb 2024 15:25:28 +0530 https://www.taxtmi.com/forum/issue?id=119012