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Gst rate change in SALES RETURN ISSUE

Rate / HSN codes 785 views 4 replies
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Gst Practicion
702 Points Posted on 05 January 2018
Hi,
I have sold material to a unregistered person in month of July, that time the gst rate was 28%, the said person return the same bill same material for the November while the gst rate is 18%, now which gst rate i should take the entry of sales return in Nov?

Please clarify me
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On 05 January 2018 at 16:13 Report
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Chartered Accountant
39039 Points Posted on 05 January 2018

Goods which are returned by unregistered person- clear that credit not availed ( no GST no provided in the original invoice.) Then you avail credit based on your own invoice @ 28%. This canbe shown in GSTR3b. 

258 Reply
On 05 January 2018 at 16:19
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1431 Points Posted on 05 January 2018
sir issue a credit note against original invoice and reverse the invoice amount and tax
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On 05 January 2018 at 20:29
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Gst Practicion
702 Points Posted on 05 January 2018
Sir, now the said goods gst rate is 18%, if I issue the credit note 28% for reverse entry, is it be correct?
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On 05 January 2018 at 20:47
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1431 Points Posted on 05 January 2018
just check is there any credit note to b2c in gstr1.
1 Reply
On 05 January 2018 at 20:55


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