CST SALES RETURN

[venkat eswaran]

sir,

what is the time limite for reversal of tax  for  CST and TNVAT for sales return?  and what docs required for that?

venkateswaran

[YAGAY andSUN]

With in 6 months from the date of sale is the limit.  On your own invoice (return of full quantity) or customers invoice (party or full quantity) having reference of your invoice.

[Guest]

Apart from return within 180 days from date of invoice, the claim should have been with the department vide the monthly return within 30 days of return of material.  

USHA

AI Summary

Sales return tax reversal requires timely documentary proof and reporting to claim input tax adjustment. Tax on a sale may be reversed only if goods are returned within the prescribed period and documentary evidence is produced - either the seller's invoice showing return of full quantity or the purchaser's invoice referencing the original sale - and the return is recorded in the periodic tax return within the required reporting window after the material is returned.