banner_ad

Goods return

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 January 2012 We have purchased the material from the other state. Supplier had charged CST 2% against C Form. However, we have rejected some of the material and sent back to the supplier after charging / reversing cst 2% by issuing sales invoice. We have given the C Form to the supplier after reducing the material rejection.
In the sales tax assessment, authority asking for C form which should we have to get from the supplier treating it as sale.

In my opinion, the view taken by dept. is wrong as we have not sold the material but sending back the rejected material.
Profile Image

hanish

Profile Image

hanish (Expert)
16 January 2012 Please note that the goods have been sent back by issuing the sales invoice and not by issuance of a debit note for purchase returns. The department is viewing this as two CST sales (one for purchase of goods by your firm and other for purchase return of goods by your firm to the supplier) which based on the available documents is correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details