return goods
Query (Issue) Started By: – nunna murali Dated:- 21-8-2017 Last Reply Date:- 23-8-2017 Goods and Services Tax – GST
Got 5 Replies
GST
we are supplied intermediate good to vendor as per his request and transported, mean while vendor has informed not required material. we are holed the material at tranporter area and bringing back to our factory in our invoice.
How take in ITC for our invoice in GST rule wise.
please give me suggestions.
udaya bhaskar
Reply By RAMESH PRAJAPATI:
The Reply:
Please give intimation to the Assistant Commissioner / Deputy Commissioner GST regarding return of goods by transporter because consignee did not accepted the delivery of goods with documentary evidence and request the officer
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d person, the return of such goods shall be deemed to be a supply.
Reply By Himansu Sekhar:
The Reply:
If the goods are returned during the GST era and goods were despatched after 01.07.17, then there is no need to pay the tax and to take the ITC.
Reply By RAMESH PRAJAPATI:
The Reply:
Yes, if material was dispatched after 01.07.2017 and returned during the same month, GST is not to be paid and therefore question of ITC does not arise.
But if material was dispatched before 30.06.2017 and returned during GST era then Section 142 of the CGST Act comes into play.
Reply By Ganeshan Kalyani:
The Reply:
If material is supplied pre GST and customer is returning it in post GST then such return of goods is considered as deemed supply .customer
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