hiiiii..
Our head office is situated in mumbai..they transfer goods to us (hyd branch)..we sale goods here in hyderabad...now we got some sales returns...where we have to show this sales returns in VAT 200 form (andhrapradesh)...i have seen that form but there is no option for sales returns....
actually my sales for the month is Rs. 100000
but sales returns are Rs.150000 (i.e., the goods sold in previous months are returned in the present month)..
i tried to show net sales (i.e., sales - returns)
but here in this case it is a negative figure...(i.e., 100000 - 150000 = -50000)
so when I'm trying to file my monthly return its not taking a negative figure...
pls let me know, how i have to deal with this sales returns..
CAclubindia
