https://www.taxtmi.com/circulars?id=69467 Return of time expired drugs may be effected either as a fresh supply or by issuance of a credit note. A registered non composition returner issuing an invoice permits the recipient to claim ITC subject to Section 16; composition taxpayers must issue a bill of supply with no ITC to recipient; unregistered persons may use a commercial document without tax. If returned goods are destroyed, the manufacturer must reverse ITC on the return supply per clause (h) of sub section (5) of section 17. Credit notes issued within the Section 34(2) time limit permit supplier tax adjustment only if recipient has not availed or has reversed ITC; outside that period adjustment and portal declaration are not required. en-us Mon, 29 Oct 2018 00:00:00 +0530 Wed, 18 Mar 2026 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69467 Return of time expired drugs may be effected either as a fresh supply or by issuance of a credit note. A registered non composition returner issuing an invoice permits the recipient to claim ITC subject to Section 16; composition taxpayers must issue a bill of supply with no ITC to recipient; unregistered persons may use a commercial document without tax. If returned goods are destroyed, the manufacturer must reverse ITC on the return supply per clause (h) of sub section (5) of section 17. Credit notes issued within the Section 34(2) time limit permit supplier tax adjustment only if recipient has not availed or has reversed ITC; outside that period adjustment and portal declaration are not required. Circulars GST - States Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69467