Is there any provision in MGL for tax treatment of goods returned by the recipient?

Question 2 – Draft-Bills-Reports – Assessment and Audit – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 2 – Q 2. Is there any provision in MGL for tax treatment of goods returned by the recipient? Ans. Yes, Explanation to Section 44 of MGL has such a provision. It provides that where goods received as an inward supply is returned by the recipient to the supplier within six months from the date of the relevant invoice, the tax payable on such supplies shall be equal to the input

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