Goods and Services Tax – Started By: – MohanLal tiwari – Dated:- 15-11-2017 Last Replied Date:- 18-11-2017 – Dear Experts, We are supplying goods to various Govt agencies like Railways & defense, PSUs and private sector industries on payment of GST. If any materials gets rejected and needs to be rectified / replaced, we have to get back the materials but the Govt. Agencies and PSUs are not issuing GST Invoice for return of goods on the ground that they have not accepted & accounted for the goods (GRN not issued) and not taken any ITC credit of GST. Kindly advise how to get back the rejected GST paid goods and replace without paying GST twice. Can we issue Credit Note against our invoice and take back the credit of GST paid and issu
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not accounted and not taken ITC.2. Ask them to send (return) the goods on a Delivery Challan (returning the goods is not a supply)3. Issue Credit Note to reduce your tax liability and your accounting.4. After receipt of the material and issuance of credit note, supply the replacement on a new Invoice.RegardsS.Ramaswamy – Reply By MohanLal tiwari – The Reply = Mr Ramaswamy Thanks for valued suggestion. I am also in same opinion but the issue is, we have already paid GST against supply of goods in July'17 and submitted GSTR-3B. If we issue Credit Note today, how the GST amount will be credited in our account / GST Credit Ledger. – Reply By Ramaswamy S – The Reply = Issue the credit note in the current month and it reduces the current mont
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