banner_ad

Gst rate change in SALES RETURN ISSUE

Rate / HSN codes 765 views 4 replies
User Avatar

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
Reply Share Follow
On 05 January 2018 at 16:13 Report
Replies (4)
User Avatar

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
User Avatar

1431 Points Posted on 05 January 2018
sir issue a credit note against original invoice and reverse the invoice amount and tax
1 Reply
On 05 January 2018 at 20:29
User Avatar

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?
Reply
On 05 January 2018 at 20:47
User Avatar

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


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details