cst purchase return
Querist :
Anonymous
(Querist) 17 December 2010
This query is : Resolved
sir,
I am working in a pvt ltd co. We do interstate purchases of excisable goods.
in one such purchase part of the materials are rejcted by our qc.
Since it is an excisable good i prepared invoice and sent it back to my supplier.
pls tell me the cst reversed in such invoice ( whether it is to be viewed as sales or purchase returns)
should i show it in my cst sales and make that tax payment. i will also not get c form since their own material is sent back.
cst purchase returns how to deal this?
please help. my email id is natleoin1962@yahoo.com
thanks
with regards
S Natarajan
R.Ramachandran
(Expert) 17 December 2010
Dear Mr. Natarajan,
Please see the attached file.
You need not show it as CST Sales. Rather it is Rejection by your QC.
Send the said rejected goods by cross reference through a Delivery Challan. The seller will claim deduction from his sales turnover.
Querist :
Anonymous
(Querist) 18 December 2010
To
Sri R Ramachandran
Sri S Subramanian
sri Kirti kar
Dear sirs,
Thanks a lot for your reply. Ramachandran sir lot of thanks for your attachment file .
Once again thanking you all very much
with regards
S Natarajan
