What is the detailed procedure for returning goods (purchase return) to delhi..What documents are needed and all other matters
Purchase return in GST
Nabz Clt
Purchase returns adjustments require debit/credit notes and e way bill generation where transport rules apply, with returns updated accordingly. Purchase returns under GST require adjustment by issuance of a debit note or credit note tied to the original tax invoice; an e way bill must be generated where transportation rules apply, and periodic GST returns must be updated using the tax invoice or debit/credit note as the operative document for recording the adjustment and correcting input tax credit or tax liability. (AI Summary)
TaxTMI
TaxTMI