GST on Sales Return, Goods and Services Tax - GST

[Saurav Mallick]

Hi All,

Company A sells product to distributor(registered) B where the price is INR 100 and GST is INR 12.

When the distributor returns the product within 6 months from invoice date within state will GST be applicable if so at what rate?

If this is an interstate return will GST be applicable is so what will be the GST rate?

If the distributor returns after 6 months from invoice date will GST be applicable is so what is the rate within state?

If the distributor returns the product after 6 months outside the state will GST be applicable if so what is the rate.

Please reply since it is very urgent.

Soliciting your favourable response in this regard.

Warms Regards.

SAURAV MALLICK

Posts / Replies

[Govind Gupta]

Tax Charged/ Taxable Value/ Goods returned/ Deficient Services > Tax Charged/ Taxable Value (w.r.t. that supply), then Issue credit note and declare the details in the return of the month in which credit note is issued but not later than on or before 30th day of September following the end of the FY in Which the supply was made or date of filing of relevant annual return whichever is earlier.