We have purchase goods @ 28% GST tax rate but after 28th GST meeting items rate reduce to 18%. Now, we are going to material return. Which tax we shown in tax 28% or 18%.
We have purchase goods @ 28% GST tax rate but after 28th GST meeting items rate reduce to 18%. Now, we are going to material return. Which tax we shown in tax 28% or 18%.
But we purchase the material @ 28% tax we have paid 28% tax amount to party.
2nd we return the material against debit note not tax invoice.
Please clarify.
but now the rate for that material is 18%
yes return against debit note
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
