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Purchase return with different tax rate
we purchase an item with 28℅ tax rate and return the item (tax rate changed to 18℅) what is the tax rate application for the Credit note?
Replies (5)
18% 5ax will be applicable
28% tax applicable as per purchase invoice...
As per Section 14 of CGST you are liable to charge 18% GST , the current prevailing rate
The current prevailing rate of tax is 18% as per Section 14 of CGST Act
No...
28% tax rate applicable based on Original Invoice Rate...
28% tax rate applicable based on Original Invoice Rate...
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