Purchase return by composition dealer

Originally posted by : Ram Ratan Mandan
	a dealer purchase goods in june17 and return the same in sept17 what will be tax liability for him?

Under Composition Tax Liability arise on Tax Value 

For Example 

If  Ur sale 100,000/- than U required to pay tax 1000/- 

In your case you issued Debit Note to Seller

The goods he will return to be treated as sale and GST to be charged.

Originally posted by : RAJA P M
	How to give debit note the purchase in VAT regime...?

Debit Not raised in GST regime at the applicable rate on that items becuase Registerded dealer Under RCM declare Stock details on 01st July'17 if he is not raised Debit note than stock show in ledger 

Originally posted by : Anisha
	The goods he will return to be treated as sale and GST to be charged.

Yes

Composition dealer can't charge GST...

Compition Dealer can't get ITC....

Composition dealer Can give debit Note given Full Value as per his BOS

Yes, Since he is composite Dealer he cannot charge GST.

Debit Note : Debit Note means "Purchase Return" it's contain as per reference bill's (purchase Bill) related details only available. If Purchase bill is VAT Bill then we will be create Debit Note as VAT bill. If it's GST bill then we can debit GST bill....

So,

In current regime we will give Sales Bill nstead of VAT related Purchase return...

Originally posted by : RAJA P M
	Originally posted by : mudit gupta if composition dealer is not mentione gst in bill ie. bos seller how can take itc Yeah... Nice question... The regular dealer can prepare Credit Note as per his sales Invoices...

Under GSTR-4 if he issued Debit note than Reverse Charge is applicable