What is the time limit for issue of debit/credit note(s) for revision of prices
Question 15
Bill
Transitional Provisions
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 15. What is the time limit for issue of debit/credit note(s) for revision of prices?
Ans. The taxable person may issue the debit/credit note(s) or a supplementary invoice within 30 days of the price revision.
In case where the price is revised downwards the taxable person shall be allowed to reduce his ta
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