EASYOFFICE

Local sales return not getting deducted from gross amount

This query is : Resolved 

29 October 2016 Dear Sir/Mam,

While filing new e-template of MVAT for 1st Quarter, the local sales return effected during the quarter is not getting deducted from the gross amount of Sales T/o during the quarter because of which the amount of sales tax payable for the said quarter is getting increased & the goods(NET+TAX) that are returned by the purchaser within stipulated time period under MVAT the benefit of payment of less sales tax is not available. Have tried the all the relevant transaction codes for local sales return but the value of sales return is not getting deducted from gross sales.

Kindly revert

31 October 2016 You enter net amount in turnover column gross- returns



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries