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Gst regime goods returned from unregistered customer

Puneet Kumar Jain (fffffffffffffffff) (30 Points)

27 July 2017

please clarify if the following is correct ??

sold goods worth rs 100 to different category of buyer with GST @ 12% sgst 6% cgst 6%. If the goods are retunred by them what will be the calculations in credit note. Please correct/give reasons if my understanding is wrong.

Registered under GST sale 100 + tax 12 =112 goods return credit note 100 + 12 i think it is ok

Composite scheme under GST sale 100 + tax 12 =112 goods return credit note 100 + 12 not sure

Unregistered sale 100 + tax 12 =112 goods return credit note 100 + 12 not sure

Please guide how to make credit note for unregistered and composite customers.

regards

puneet kumar jain

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2 Replies

Ahmed Ali (388 Points)
Replied 27 July 2017

Treatment is same for registered, unregistered, composition dealers.

These are the Rules regarding the format of Credit Note:-

A revised tax invoice referred to in section 31 and credit or debit notes referred to in section 34 shall contain the following particulars, namely:-

[a] the word "Revised Invoice", wherever applicable, indicated prominently;

[b] name, address and Goods and Services Tax Identification Number of the supplier;

[c] nature of the document;

[d] a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters-hyphen or dash and slash symbolised as "-" and "/" respectively, and any combination thereof, unique for a financial year;

[e] date of issue of the document;

[f] name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient;

[g] name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered;

[h] serial number and date of the corresponding tax invoice or, as the case may be, bill of supply;

[i] value of taxable supply of goods or services, rate of tax and the amount of the tax credited or, as the case may be, debited to the recipient; and

[j] signature or digital signature of the supplier or his authorised representative.