Return Goods in CST
Happy sood (Student) (60 Points)
15 July 2016thanks.
Happy sood (Student) (60 Points)
15 July 2016
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 15 July 2016
Yes, if it is returned within six months after sale,it can be declared in the returns by reducing from the taxable amount,or as refundable also......mjk
MJ Krishnamurthy
(ACCT(Retd))
(7197 Points)
Replied 15 July 2016
You should have proof of selling and returning. Selling through invoice,delivery note and LR(lorry or cargo service documents) and for return a letter and delivery note with a debit/credit note depending on whether it was acredit/cash sale. ....mjk