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Goods sold to unregistered party and goods returned by unregistered party

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(Querist)
21 July 2023 We have sold goods to unregistered party by e way bill . The party now wants to return the goods. Can we issue credit note to unregistered party? Will be able to claim ITC ON RETURNED GOODS? PL CLARIFY?
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Gokul Sharma

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Gokul Sharma (Expert)
21 July 2023 ISSUE CREDIT NOTE AND REDUCE YOUR GST LIABILITY.
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ARUN GUPTA

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ARUN GUPTA (Querist)
21 July 2023 Can we sale returned goods to other party and utilise the returned ITC?



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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 July 2023 Return ITC can't be claimed.
Issue credit note with GST it will reduce your GST liability on earlier sale.

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