pankaj chavda (1 Points)
28 July 2017
V.Venkata Raghavan
(Partner)
(42 Points)
Replied 28 July 2017
The GST legislation very well provides for sale on approval basis. First of all, the vendor should have supplied the goods under a Bill of Supply. The goods rejected can be sent back to the vendor under reference of the Bill of Supply. The vendor then has to send a Tax Invoice for the material accepted. My reading and understanding is as simple as that!!
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