sales return / unfructified sales - diff, VAT + CST

[venkat eswaran]

Sir,

waht is difference between sales return and unfructified sales in relation with SALES TAX ANGLE.

 

Posts / Replies

[Pradeep Khatri]

Well, Sale Return means, returning the goods on quality or quantity reasons, where unfructified sales is void at ab-initio (i.e. due to non payment of sale and non fulfilment of conditions of mercantile laws).

[rishi mohan]

"unfructified sales" means where the goods sold are returned for the reason that they were not taken delivery of by the person to whom they were intended and "sales return" on normal basis means return due to inferior quality or by some other reason.