Credit taken on Goods Return / Reject
This query is : Resolved
17 December 2009
Hi....
One of my client has sold the goods in maharashtra state ( Locally , but the same goods were rejected by the vendor because the goods were not as per the order given by them & same goods were returned back, but the client have passed the entry in his books after six months.
My query is that, can my client get Credit on the above transaction.
One of my client has sold the goods in maharashtra state ( Locally , but the same goods were rejected by the vendor because the goods were not as per the order given by them & same goods were returned back, but the client have passed the entry in his books after six months.
My query is that, can my client get Credit on the above transaction.
17 December 2009
yes he can take cevat credit but party rejection proof required.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Rent lease agreement
- Relief u/s Section 89
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
