sales return in delhi vat

[Guest]

sir,  kindly advice if somebody purchased goods from me 2 years back and wants to return the same goods in the same condition.what will be the vat credit.can i treat the vat as in my input and the person who is returning the goods treat it like his output vat as he is also a registered dealer.    harjeet singh

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

VAT Credit Query: Goods Returned After Two Years, Input and Output Tax Treatment for Registered Dealers Remains Unclear. A user inquired about the VAT credit implications for goods returned in the same condition after two years, asking if the VAT could be treated as input for them and output for the returning party, both being registered dealers. The only response received asked if the issue had been clarified, indicating no substantial guidance was provided in the discussion.