I need clarification that one of the company has supplied worth of Rs. 1 Crore pharma products CST Sales in the month of Dec'11 to the XYZ Company. Due to the some defects in the products the xyz company wants to return the products in the month of Apr'12.
The company has already shown CST Sales in the month of Dec'11 and paid taxes thereon. The query is how the company can show in the returns in the month of Apr'12. Subject to Fin. Year changing. I need Entry details And if suppose in the month of Apr'12 If the company CST sales is Rs. 25.00 Lacs. Then The company is gettting sales return in the month of Apr'12 whether it can claim CST amount in the return subject to the sales in the month of Apr'12.
With Reg
murthy
CAclubindia
