Trader can accept sale invoice from his dealer / customer

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S Boopathi (Querist)
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03 May 2018 Sir,
We are doing trading of sanitaryware and tiles and my question is shall we accept and account the sale invoice from one of our dealer / customer instead debit note (goods supplied by us to the dealer before Dec 17 and now they return the goods to us by way of sale of goods to us)
Also give your clarification if there any time frame to accept the return of goods from our dealers / customers. Please explain.

Thanking you.

RAJA P M

RAJA P M (Expert)
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03 May 2018 Yes... If he is issued sale invoice then you ll treat it as Purchase invoice... Also you can't treat it as Sales return.... Bcoz, the transaction is with Tax invoice.

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S Boopathi

S Boopathi (Querist)
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04 May 2018 Thanks Sir, i request you to confirm the timeline for return of goods from dealer / customer under GST. (previously 6 months allowed under VAT Act)

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RAJA P M

RAJA P M (Expert)
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04 May 2018 Please see the link... You can get some clarity about Credit Note and debit note under GST

https://cleartax.in/s/debit-note-credit-note-and-and-how-to-revise-gst-invoices

S Boopathi

S Boopathi (Querist)
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04 May 2018 Dear Sir,
Thanks for your breif reply, i want to know the time frame allowed to return the goods purchased by a dealer from the date of invoice raised by supplier.