What is treatment of sales returns

Guest

Issue a credit note. And report it in the return of the month of issue.

Faheem Akram

802 Points Posted on 19 September 2017

if my coustmer issue debit note so I also issue credit note

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

Yes... You can.

Faheem Akram

802 Points Posted on 19 September 2017

both invoice mentioned in return

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

Any one....

Faheem Akram

802 Points Posted on 19 September 2017

sir we sell outside of state and purchase intra state so I have output IGST so can I adjust ITC of CGST and SGSt

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

Yes. You can adjust IGST Credit to (1st IGST) 2nd CGST 3rd SGST

Faheem Akram

802 Points Posted on 19 September 2017

most of people said it's not adjusted

Faheem Akram

802 Points Posted on 19 September 2017

bcz I have only output of IGST and ITC of SGST and CGST so there is no ITC of IGST so I can't adjust
plzzz clarify it...

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

Most of people said. But, what is your end...?

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

@ Faheem.,
What is your nature of Work dear...?

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 19 September 2017

My Dear Faheem.,
(sir we sell outside of state and purchase intra state so I have output IGST so can I adjust ITC of CGST and SGSt)
Just you ll post it experts section. Then you have some reply. What you get reply then post it here....
I'm waiting also......