Hi,
we purchased some sheets. for supplier, but some material was rejected ....
can we bill him back rejected material.
we are supplier of air vantilation product's most of our HSN code belongs to vantilation product's
but rejected material was belong to another HSN code i.e iron sheet ..
is it legally right to bill him rejected material back...
if not
please share any section or notification
your prompt response will be appreciated in advance ...
Thank you
5 Replies
gameplaysNmore
(96 Points)
Replied 25 November 2020
Does your company rejected the material after purchase ?
gameplaysNmore
(96 Points)
Replied 25 November 2020
Ask the supplier to provide debit note for material returned by your company. Debit note will be prepared by the supplier.
jayendra Gaonkar
(Asst. Manager)
(216 Points)
Replied 25 November 2020
You should raise debit note in your system, if already taken purchase entry. Also, you should ask your supplier to book credit note in his system against your credit note. Thereafter, you should show debit note in your gstr 1 and he should show as credit note in his gstr 1. check out here for more details. https://gstindianews.info/credit-note-and-debit-note-concept-under-gst/#debitnote
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