One of client is distributor of patanjali biscuit.
In case of Expired goods & rat cutting, Non inventory credit note( i.e. without gst) are issued by the supplier and goods are destroyed by their agent at client place.
what is the treatment? in respect of
Input gst claimed
Stock in hand
Can I claim input and reduce stock in hand
Menu
Treatment of Damaged Goods under gst
Replies (4)
Dear Abhishek
when ever supplier issue the credit note against goods sold by them it should have impact on GST. So even on non gst credit note we should read as cum-gst credit note.
So kindly reverse the gst input by passing a debit note at your end.
Dear team
Good evening
We have few queries wrt budget that is beiing drafted.
If we can sit for two ours to reloves these queries then first cut will be ready.
Kindly let me know the good time meet or have con-call.
Thank you
You can also write to me with further details at sthayin @ gmail.
when ever supplier issue the credit note against goods sold by them it should have impact on GST. So even on non gst credit note we should read as cum-gst credit note.
So kindly reverse the gst input by passing a debit note at your end.
Dear team
Good evening
We have few queries wrt budget that is beiing drafted.
If we can sit for two ours to reloves these queries then first cut will be ready.
Kindly let me know the good time meet or have con-call.
Thank you
You can also write to me with further details at sthayin @ gmail.
CA Dhruva Sir
If supplier is not reducing his GST liability (as per above question)
Purchaser reverse the gst input by passing a debit note.
Do bar GST ka payment nahi ho jaye ga???
If supplier is not reducing his GST liability (as per above question)
Purchaser reverse the gst input by passing a debit note.
Do bar GST ka payment nahi ho jaye ga???
Section 17(5) (e) of CGST Act
Suresh Kumar ji 17(5)(e)???
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