Sales returns after gst
This query is : Resolved
12 December 2017
Dear Sir,
Sales Made in the month of June Rs.500000 plus 14% VAT. At present we need to collect out of them Rs.300000 as sales returns. Now VAT is no more applicable and GST is applicable. How to proceed further? If he is unregistered dealer and If he is a registered dealer .
Sales Made in the month of June Rs.500000 plus 14% VAT. At present we need to collect out of them Rs.300000 as sales returns. Now VAT is no more applicable and GST is applicable. How to proceed further? If he is unregistered dealer and If he is a registered dealer .
12 December 2017
If the sales return by a registered dealers, it will be deemed to be a supply and GST will be applicable.
If the sales return by an unregistered dealer, you can get the refund provided some conditions are satisfied:
> Supply should have been made before 6 months from 1st July
> should have been returned within 6 months from 1st July
> Goods should be identifiable
If the sales return by an unregistered dealer, you can get the refund provided some conditions are satisfied:
> Supply should have been made before 6 months from 1st July
> should have been returned within 6 months from 1st July
> Goods should be identifiable
12 December 2017
Thank You Sir.
In my case the customer is Unregistered dealer. IFrom which dept i need to get refund ? I.e from Commercial tax dept of KVAT or GST dept?
In my case the customer is Unregistered dealer. IFrom which dept i need to get refund ? I.e from Commercial tax dept of KVAT or GST dept?
12 December 2017
Refund is from KVAT only.
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