TaxTMI 
TaxTMI 
sir,
what is the time limite for reversal of tax for CST and TNVAT for sales return? and what docs required for that?
venkateswaran
CST SALES RETURN
04 May 2012 
2 Replies 
9849 Views Asked by
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. (AI Summary)
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. (AI Summary)