COMPOSITE DEALER PURCHASE AND SALE

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..... COMPOSITE DEALER PURCHASE AND SALE
Query (Issue) Started By: - Kusalava InternationalLimited Dated:- 20-11-2017 Last Reply Date:- 21-11-2017 Goods and Services Tax - GST
Got 2 Replies
GST

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..... >1.we sold one item to the composite supplier with tax,now the customer wants to return back the item through invoice.how can he return?If he returns through invoice the sent item cost includes cost+t .....

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..... ax then our landing cost will be high and we loose tax on that return item?Is there any way to claim tax on return items sold to composite suppliers? 2.we want to return the purchase item from compos .....

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..... ite supplier for that we raised invoice with tax,that tax amount we are loosing because at the time of purchase we have not taken any input tax. Is there any way to escape from tax for purchase retur .....

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..... n items to composite supplier? Reply By Ganeshan Kalyani: The Reply: You will have to show the sales return from composition dealer in the Credit note. Similarly for purchase return you have to show .....

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..... in debit note detail. Reply By Kusalava InternationalLimited: The Reply: Sir, can we send goods via credit note/debit note
Discussion Forum - Knowledge Sharing .....

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