How do we treat this? Supplier should issue the credit note and reverse the GST ?
Menu
Return of Expired Medicine Under GST
Replies (3)
If both are registered dealer and within the same state obviously reversal of input tax credit. In gstr 9 the same can be effectively reversed thus adding to output tax liability.
Credit note is issued by the supplier but they have not charges the tax in the credit note. is there any problem to the receiver of the goods?
Agree with Sabyasachi
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
