Itc on gst

ITC / Input 81 views 1 replies

Dear sir,

 

i have a small doubt regarding input tax credit, my company sold a goods as on 25/05/2017but in this invoice some of goods return back as on 20/09/2017 my doubt is previously i was sale as vat sale where as salesreturn is GST how can i pass the entry and how could i make a sept'17 return 

please help me sir

Replies (1)

Good question...

If you received as sales return then its not good. Sales Return ll be debit from VAT amount also we can't take credit...

So,

You ll be receive as Purchase (Your Customer ll be give sales Invoice for the returned Goods). Then you can use the GST...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register