GST on Sales Return

[Guest]

Hi All,

Company A sells product to distributor(registered) B where the price is INR 100 and GST is INR 12.

When the distributor returns the product within 6 months from invoice date within state will GST be applicable if so at what rate?

If this is an interstate return will GST be applicable is so what will be the GST rate?

If the distributor returns after 6 months from invoice date will GST be applicable is so what is the rate within state?

If the distributor returns the product after 6 months outside the state will GST be applicable if so what is the rate.

Please reply since it is very urgent.

Soliciting your favourable response in this regard.

Warms Regards.

SAURAV MALLICK

AI Summary

GST Returns: Credit Note Required for Returned Goods; Declare by September 30 or Annual Return Filing Date Company A inquires about the applicability of GST on products returned by distributor B, both within and outside the state, and whether GST applies if returns occur within or after six months from the invoice date. Govind Gupta responds that if goods are returned and the tax charged exceeds the taxable value, a credit note should be issued. The details must be declared in the return of the month the credit note is issued, but no later than September 30 following the fiscal year-end or the date of filing the relevant annual return, whichever is earlier.