GST on Expired pharma goods
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....ST on Expired pharma goods<br> Query (Issue) Started By: - LAKSHMINARAYANAN TR Dated:- 21-3-2018 Last Reply Date:- 21-3-2018 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Dear All I have read....
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.... in the news that government has considered return of expired pharma goods are not to be treated as supply( around end of Dec 2017). But I don't find any relevant circular or notification to this ....
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....effect. Can any of you please guide me further? Best regards Durai Reply By KASTURI SETHI: The Reply: "Return of expired medicines is not a supply." Definition of 'Supply' to thi....
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....s effect has to be amended for this purpose. On 1.12.17 the Joint Commissioner (GST) wrote a letter to Sh.D.G.Shah, Secretary General, IPA, Mumbai wherein it was clarified that ITC taken on expired me....
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....dicines will have to be reversed. However, matter should be brought to the notice of the Chairperson, GST Council for amendment.<br> Discussion Forum - Knowledge Sharing ....