GOODS RETURNED BY COMPOSITE DEALER TO REGISTERED DEALER
Query (Issue) Started By: – ROHIT GOEL Dated:- 13-9-2017 Last Reply Date:- 14-9-2017 Goods and Services Tax – GST
Got 7 Replies
GST
REGISTERED DEALERS SOLD GOODS WORTH RS. 10,000/- TO COMPOSITE DEALER AND GST OF 5% CHARGED RS. 500/- TOTAL VALUE RS. 10,500/-
COMPOSITE DEALER OUT OF ABOVE INVOICE RETURNED GOODS WORTH RS. 4000/- TO REGISTERED DEALER THROUGH DEBIT NOTE. REGISTERED DEALERS ISSUES A CREDIT NOTE FOR THE SAME.
CAN COMPOSITE DEALER REFLECTS GST IN DEBIT NOTE.
Reply By Ganeshan Kalyani:
The Reply:
Composite dealer cannot raise tax invoice. In my view they cannot raise debit note indicating tax component.
Reply By KASTURI SETHI:
The Reply:
I think Querist is t
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