sales return / unfructified sales - diff
Sir,
waht is difference between sales return and unfructified sales in relation with SALES TAX ANGLE.
Understanding 'Sales Return' vs. 'Unfructified Sales' in Sales Tax: Key Differences Explained A participant in a discussion forum inquired about the distinction between 'sales return' and 'unfructified sales' concerning sales tax. One response explained that a sales return involves returning goods due to quality or quantity issues. In contrast, unfructified sales are void from the start, often due to non-payment or failure to meet mercantile law conditions. Another response clarified that unfructified sales occur when goods are returned because the intended recipient did not take delivery, whereas sales returns typically happen due to quality concerns or other reasons. (AI Summary)
VAT + CST