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Sales Returns Regd.

19 August 2017

Sales Returns Regarding.

Gopala Krishna 18 August 2017
Good Evening Sir/Madam,
During The Month Of July Sales Returns Are More Than Sales.
How To Submit The Return.

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 19 August 2017

No logic in your query or clarify it clearly...

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Gopala Krishna (289 Points)
Replied 20 August 2017

Sir,
App To June Sales INR 2000000
July Sales INR 200000
July Sales Returns INR 225000
Please Clarify How To Submit GST Return

Ashit Sharma (155 Points)
Replied 30 September 2017

case-1) sales return in jul amtg rs. two Lacs pertains to 4/17-6/17-- file refund claim for tax paid in old regime (if returned by its) otherwise it would be under GST in the hands of your customer (section 142 referred) . for bal sale return amtg to rs. 25000, issue credit note under section 34, i.e prior to sept of next FY .
case-2) sales return in jul amtg to rs. two Lacs pertains to jul itself-- issue credit note as per section 34 and for balance sales return same treatment as in case-1.
REGARDS.
PS: credit/debit notes are shown in GSTR-1.