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Purchase return for pre gst goods

bijo (Accountant) (302 Points)

19 December 2017

What is the GST factor for Pre GST goods purchase return? Is it through Debit note Or Sales invoice?

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2 Replies

RAJA P M ("Do the Right Thing...!!!") (128010 Points)
Replied 19 December 2017

As per my advice.,
Treat as Sales Invoice. Then Only You and Your supplier can avail the benefit and Show it in GST returns...

If you make debit note then you ll be prepare VAT tax. Also You / Supplier can't show it anywhere if VAT return...

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CA Mayur Todmal (Practicing CA) (7645 Points)
Replied 19 December 2017

Agreed sir,

Create sales invoice.

Goods (on which taxes were paid pre gst regiom) returned by a registered buyer will be treated as ‘Deemed Supply’. GST has to be paid on this by the person returning the goods.