Difference between Sale Return & Sale Rejected

This query is : Resolved 

20 October 2009 Dear Sir/ Madam
What is difference between Sale Return and Sale Rejection. As far as i know when goods return within 6 months of sale for Repair or replacement. and then goods sends through Challan bases then this return of goods will be considerd Sales Tax Return and When goods return either after 6 months of sale or not for replacement then it would be treated as sales rejection. if no then plz explain?

Thanks in advance

20 October 2009 Sales Return is a bilateral transaction as both parties agree for this.
But Sales Rejection is unilateral transaction wherein only one party i.e. buyer is involved,,,
Sales Return within 6 months is deducted


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details