Time limit for issue of Debit Note or Credit Note in GST is :

CS Executive · Tax Laws · PYQS · December 2024
Time limit for issue of Debit Note or Credit Note in GST is :
(A) 30 days
(B) 90 days
(C) 180 days
(D) No time limits

Answer & Explanation:

The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: No options are correct, As per section 34(2) of CGST Act, 2017, Any registered person who issues a credit note in relation to a supply of goods or services or both shall declare the details of such credit note in the return for the month during which such credit note has been issued but not later than the thirtieth day of November following the end of the financial year in which such supply was made, or the date of furnishing of the relevant annual return, whichever is earlier, and the tax liability shall be adjusted in such manner as may be prescribed.

Topics: GST

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