Goods return under gst
This query is : Resolved
Rajendra Hegde
(Querist)
25 September 2017
Dear madam/Sir, We have dispatched the goods, however, vehicle on the way broken down with damage. Therefore, we brought back the material. Now my question is to whether to raise credit note or cancel the invoice. We have raised the credit note to the party for accounting adjustment. Is it correct?
anshul aggarwal
(Expert)
25 September 2017
In your case you will send the goods again so you should cancel the invoice and re issue another invoice. Do remember to keep full evidence for vehicle break down and incident.
Rajendra Hegde
(Querist)
25 September 2017
Sir. How to cancel the invoice
Chhatra Singh Dugar
(Expert)
25 September 2017
First of all let me know whether you want to return total goods or that one which is damaged?
Rajendra Hegde
(Querist)
26 September 2017
If entire goods brought back or only damaged goods brought back. How to treat in gst?
Rajendra Hegde
(Querist)
28 September 2017
Sir I am waiting for your advice
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Gift to nri relatives residing in usa
- GST input credit on commercial property
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
