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sales return effect in GST return

23 September 2017

we have sales return, where should be impact of of that in return in GSTR 1 under credit note or in Gstr 2 under b2b invoices

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7 Replies

RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 23 September 2017

pl elaborate your question little more.

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Ganesh Kharat (75 Points)
Replied 23 September 2017

yes sir i have made sale of rs. 100 in june 2017 and customer has rejected the material of rs. 10 in July 2017 so where will be impact of that return in gst return

Ganesh Kharat (75 Points)
Replied 23 September 2017

because customers says as per gst act it should consider as as fresh sales be them

RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 23 September 2017

Your customer is right. In GST regime, rejected goods are to be taken as inward supply by you. This will be reflected in your GSTR2 or GSTR3B.

Ganesh Kharat (75 Points)
Replied 23 September 2017

ok but this rules says if supply before gst and return received in gst then you have to charge gst but my supply in july and rejection received in august then what ?

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RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 26 September 2017

If suppy is in July, the GST law is applicable anyway. Supply at your end is supply under GST regime and applicable tax have to be charged. The return of the rejected goods will be a supply by the recipient of goods on payment of applicable taxes. The ITC shall be admissible to both of you on the basis of taxable invoices.