Local purchase return in karnataka

Others 534 views 2 replies

Sir,

We made one purchase on 31.12.2015 and rejected in 13.01.2016 and raised debit note. In December month we have taken input credit. Since the item is rejected and returned back, I want to know the rejection amount whether that should be entered in 9.12.1 coloum sepeately or we can deduct the same from total loca purchases. 

Please reply

with regards 

mala

 

Replies (2)

You can enter the purchase return value in 9.12.1 and show the reversal of input tax credit in 10.5.

10.5 is NDIPT nor for rejection tax ?

 

mala

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

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 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details