Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

Return of rejected goods purchased interstate

Others 476 views 3 replies

GAGANDEEP SINGH

JOB

26 Points Joined August 2012

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

Replies (3)

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 Joined August 2012

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.