GOODS RETURN UNDER GST

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This discussion clarifies the process for returning unsold goods under GST, particularly for retailers operating on a return basis. It confirms that while trade practices allow returns after 45 days, GST regulations specify a 180-day limit from the invoice date for the original purchaser to claim input tax credit. The query also touches upon the necessity of issuing a debit note or dispatch document when returning goods.

PARDEEP KAPIL

PARDEEP KAPIL (Querist)
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29 October 2020 DEAR SIRS : IT IS A ADOPTED PRACTICE IN SAREE / SUIT RETAILERS THAT PURCHASES ARE MADE UNDER 30/45 DAYS RETURN BASIS.... AFTER 45 DAYS UNSOLD GOODS ARE RETURNED.... MY QUERY IS (1) SHOULD THE ORIGINAL PURCHASER ISSUE DEBIT NOTE / DISPATCH DOCUMENT AT TIME OF RETURNING GOODS (2) WHAT IS THE TIME LIMIT FOR RETURNING GOODS ? KIND REGARDS

Lekhraj sood

Lekhraj sood (Expert)
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29 October 2020 Are you a seller or purchaser?

Rupesh Jain

Rupesh Jain (Expert)
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30 October 2020 goods can return as per your trade parctice. but under GST you can gst input when goods return with in 180 days from the date of invoice against you are goods return.

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