Utilization of input tax credit
This query is : Resolved
Kartik Kumar Jha
(Querist)
15 June 2018
Sir,
Actually I have availed Input credit of Rs.15000/- but now I returned goods on which tax is Rs.20000/- which i have to return back to govt.
Please suggest me how can i show such things in GST return...
Actually I have availed Input credit of Rs.15000/- but now I returned goods on which tax is Rs.20000/- which i have to return back to govt.
Please suggest me how can i show such things in GST return...
CMA Bhavya
(Expert)
15 June 2018
Hi,
whether both entries are belong to the same Invoice????
if separate Invoice :
The Purchase returns is similar to your sales Invoice so Pay the GST just like your sales Invoice
whether both entries are belong to the same Invoice????
if separate Invoice :
The Purchase returns is similar to your sales Invoice so Pay the GST just like your sales Invoice
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