Please anybody confirm the treatment of expired medicines under GST?
Menu
Treatment of expired medicines-gst
Replies (4)
GST will be expensed out since u have to dispose those medicines
If the same has returned to supplier,shall we get the tax amount from them?
Please anybody confirm the treatment of expired medicines under GST?
- If You are retailer or whole saler (except manufacturer) then You can return the medicine to Supplier with Debit note.
If the same has returned to supplier,shall we get the tax amount from them?
- Prepare Debit note and Send the medicine to supplier. Also reverse the ITC in Your next return...
- If You are retailer or whole saler (except manufacturer) then You can return the medicine to Supplier with Debit note.
If the same has returned to supplier,shall we get the tax amount from them?
- Prepare Debit note and Send the medicine to supplier. Also reverse the ITC in Your next return...
Follow Raja sir answer.
Prepare debit note and reverse the ITC taken of expired medicine in GSTR3B.
Prepare debit note and reverse the ITC taken of expired medicine in GSTR3B.
Recent Topic
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
- Form 121 eligibility for non deduction of TDS for
- Gold/silver etf. STCG. how to decalre in ITR at s
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
Related Topics
CAclubindia
