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%.
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Material return after tax reduce from 28% to 18%
Replies (4)
You have to charge reduce rate 18%
Yes you can take reduce gst rate18%
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
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