Issue of Tax Invoice Against Material Rejection by Customer instead of Debit Note
Query (Issue) Started By: – ACCOUNTS MANAGER Dated:- 19-1-2019 Last Reply Date:- 26-1-2019 Goods and Services Tax – GST
Got 2 Replies
GST
Hiii…
Few of our customer (OEM) has issued Tax Invoice against material rejection and also shown in their GSTR-1 as sales. And we issued Credit Note for the same and shown in GSTR-1 which is required as per GST.
Question is that they issued Tax Invoice as per GST Rules which is ok but how can they show in GSTR-1 as new sales???… Because same is reflected in our GSTR-2A which is wrong because it is not our purchase.
I want to understand treatment of Customer as why they show this transaction as Sales and n
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purchaser of same and asked him to accept the credit note, and documented the same and the purchaser should have sent the material back on delivery challan as per rule 55(1)(c) since you have filed your gstr-1 and reduced your output tax and the purchaser will also have to reduce his itc based on the revised GSTR-1 file which will be mirrored in the GSTR-2A.
however this leads us nowhere as compliance will remain an issue regarding itc reversal by purchaser etc.
Hence In terms of circular issued for pharma companies (in which they have mentioned that it can be used in other cases also ie other than pharma as principles remain same which they have mentioned in the ciruclar also) please refer to Circular No. 72/46/2018-GST
The value of th
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