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Damaged goods

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91 Points Posted on 14 May 2019

what the procedure in gst if damaged goods return by client

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On 14 May 2019 at 01:34 Report
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GST Practitioner & Accounts
15093 Points Posted on 14 May 2019

If you have issued tax Invoice &  taken input tax credit  then you have reverse the same , because ITC on damaged  goods is under blocked credit (credit not allowed ) , as per section 17(5) (h)  of the CGST act 2017 .  

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On 14 May 2019 at 08:33
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91 Points Posted on 14 May 2019
should I issue credit note along with gst
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On 14 May 2019 at 09:36
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"Do the Right Thing...!!!"
128152 Points Posted on 14 May 2019
Yes...
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On 14 May 2019 at 09:40
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2127 Points Posted on 14 May 2019
I think you have made the sales and it is returned by the customer due to damage ie it is your sales return. in that case Credit note is mandatorily to be issued by you even if client has issued debit note.
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On 14 May 2019 at 12:51
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"Do the Right Thing...!!!"
128152 Points Posted on 14 May 2019
Yes... Credit note will be issued to Customer. Also it will be shown in GSTR 1 return...

The said goods related ITC will be reversible if it's no more any other sale proceeds.
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On 14 May 2019 at 12:56


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