Sales return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2012 Sir,
Whether there is any difference in the accounting proceedure of sales return from registered and unregistered customer for a supplier. if there is any difference would you kindly explain the proceedure of the sales return from an unregistered customer.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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17 July 2012 As a seller & supplier, the accounting procedure are same for sales return. only In tax return you can claim sales return if the return happen with in 6 months from the date of sales.