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Return of rejected goods purchased interstate

04 July 2014

CAN ANY ONE EXPLAIN THE PROCUDURE TO RETURN BACK THE REJECTED GOODS PURCHASED THRU INTERSTATE UNDER VAT WHOSE C FORM IS ALREADY GIVEN.

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3 Replies

(Guest)

There no process. You just simply raise Credit Note for Purchase return in the month in which goods return and show such credit note while making application for C form.

GAGANDEEP SINGH (JOB) (26 Points)
Replied 07 July 2014

Ganeshan sir thanks but we have already given the c form to the party and then because of some reason material is rejected.

(Guest)

Here I presumed that purchase returned in the same quarter. In this case you have to apply for fresh new C form for the adjusted amount. However, if purchase returned in next quarter then while applying you have to show Credit note in the same application.