sales returns in gst regime

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what is the status of sales returns in gst regime

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AI Summary

Sales returns under GST: draft model exempts tax for duty-paid goods returned within a limited period when identifiable; may change.
The Draft Model GST treats duty-paid goods returned to business on or after the appointed day as conditionally non-taxable if returned within a specified limited period and if the goods are identifiable to the satisfaction of the proper officer; experts stress the draft is subject to change and advise businesses to perform impact analysis and prepare for GST accordingly.