Poonawalla fincorp
Poonawalla fincorp

purchase return

This query is : Resolved 

16 February 2018 how to deal with purchase return under GST regime

16 February 2018 Elobrate your query... Is return or accounting or any other way? Explain Yourself then will give reasonable replies from our Experts...

17 February 2018 For your purchase return, you need to raise Debit Note to your supplier and show the same in your GSTR to reduce the ITC.


17 February 2018 accounting as well as return point of view

18 February 2018 No more Special activities for Purchase Return in GST. We just follow as per VAT regime...

You ll raise Debit Note for Purchase Return and Send the material to your supplier. After he received then he ll show the details in his GSTR 1. You ll less the value in Your GSTR 3B return...

*From April 2018 We can show the details in Our GSTR 2. Wait on further notifications about GSTR 2...



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