12 October 2020
A gst registered regular scheme dealer purchases of 18%tax rate goods Dt:10-09-2020 invoice value Rs:2,36,000/-. from mr. A if dealer same tax rate goods invoice value Rs:2,36,000/- return goods to supplier Mr. A( same dealer) on Dt:15-09-2020. Question: Dealer this transition treatment in gst act.
13 October 2020
If you are returning (i.e Purchase Return) same Goods to Mr.A , than you have to issue debit note....And if it's your sale to Mr. A than you have to issue Tax Invoice....So, tax treatment is purchase return or Sale respectively, as the case may be.
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