Return Goods

ikram (B.Com) (29 Points)

19 August 2019

whether sales Return goods are liable to gst, how to account in tally through entry form including gst reversed

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prasad Nilugal ( GST Practitioner & Accounts ) (14831 Points)
Replied 19 August 2019

1) Please refer section 34 of the CGST act 2017 / sales return / credit note

2) pass J.E

Sales return A/c Dr

CGST A/c Dr

SGST A/c Dr

To Sundry debtors A/c Cr

( being goods sold return and GST adjusted )

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pankaj kumar mishra (ACCOUNTANT) (167 Points)
Replied 19 August 2019

and also report to Gstr1 following month

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