Dear Sir,
it is not a sales rertun. get the sales invoice form the dealer and account it
Goods Return
Goods returned within 6 months of the date of sale-Sec 8A (b) provides that if goods are returned by buyer within six months, its sale price will be deducted from ‘aggregate sale price’, if satisfactory evidence is produced before sales tax authority in respect of the same.
Dy.CST v.Motor Industries Co (SC); (1983 (2) TMI 251 - SUPREME COURT OF INDIA)
State of Maharashtra v.BASF (India) Ltd (SC).(1994 (3) TMI 346 - SUPREME COURT OF INDIA)
Rejected Goods
Goods rejected-in such case, the period of six months is not applicable, as in case of rejected goods, there is no ‘complete sale’ at all within the meaning of CST Act or Sale of Goods Act, as the purchasing party has not accepted the goods. Return of goods is a bilateral transaction brought about by consent of seller and purchaser, while rejection of goods is a unilateral transaction, open only to purchaser. It means that sale has not taken place to attract tax.
Metal Alloy Co.(P) Ltd. V. CTO, Bhavanipur Charge calcutta (1977);
State of Tamilnadu v. General Engineering Stores(1993)
NOW WHAT CAN I DO SINCE I ISSUED CREDIT NOTE AGAINST THE SAME
get the gst sales invoice form the vendor and file the gstr1
CAclubindia
