Composite dealer can return goods interstate purchase
This query is : Resolved
17 April 2019
Interstate Purchase Some Item Damaged then Replacement purpose goods send , then can allowed composite dealer purchase return another state
17 April 2019
Yes, there are no restrictions on procuring goods from interstate suppliers by a composition dealer. Composition dealer is allowed for inter state purchase returns also
However , composition dealer can not take ITC and any purchaser ( composite or normal ) can not issue debit / credit Note .
Ask your interstate supplier to raise credit note with full value ( including IGST amount )
However , composition dealer can not take ITC and any purchaser ( composite or normal ) can not issue debit / credit Note .
Ask your interstate supplier to raise credit note with full value ( including IGST amount )
Message likes :
2 times
17 April 2019
Tnx mam..... clear my dought and Thanks for taking your time
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Transporter Declaration form
- Copyright software
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
