Local purchase return in karnataka

VAT (Legacy) 548 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 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details