I have sold goods on say 01.06.2017 under vat which have been returned on 10.07.2017 from customer.How will the treatment fall.Also how may i post entry in tally Release 6.0.
plz guide
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sales return of vat item
Replies (1)
In case of goods sold to registered dealer then ireturn would be considered as supply and gst to be charged.
In case of sale made to unregistered dealer and since goods are returned within 6 months the vat paid can be claimed as refund.
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