A registerer dealer of UP purchase goods from MP
of ra 40 lakh , now he wanted to return tha said goods . So what will be treatment in gst and tax laibiltiy,input?
Menu
Purchase return treatment in gst
Replies (4)
This depends upon what was sales date
if sales is between 01.01.2017 to 30.06.2017 and now dealer wants the purchase return then sales invoice should be raised by dealer and supplier will booked as purchase in GSTR II
if sales is between 01.01.2017 to 30.06.2017 and now dealer wants the purchase return then sales invoice should be raised by dealer and supplier will booked as purchase in GSTR II
and input GST credit is available to supplier
Sales date was after 1 july
debit note should be issued for purchased return
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
