We purchased goods from chennai and were delivered to our customer in delhi i.e. consignee, however 40% of goods were not accepted by our customer and were delivered to our place in punjab.
The bill from chennai supplier was in name of our firm.
Now the question is will i be able to book input gst and stock in my books of the material received by us in punjab on the basis of invoice received from chennai supplier? Are there any regulations to be followed in this case??
When the e way bill be applicable what steps would have to be followed then?
Business Faces GST Compliance Issue Over Returned Goods Without Proper Documentation A business purchased goods from Chennai, which were delivered to a customer in Delhi. However, 40% of the goods were returned and sent to the business's location in Punjab. The issue raised was whether the business could book input GST and stock the returned goods based on the invoice from Chennai. Respondents advised that documentary proof of the returned goods is necessary, and a debit note from the customer is required for accounting. The business owner clarified that only 60% was billed to the Delhi customer, and the remaining 40% was accounted for in Punjab. It was suggested that such procedural lapses should be avoided in the future to prevent issues with GST compliance. (AI Summary)
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