https://www.taxtmi.com/caselaws?id=166395 Deduction for sales return of medicines returned after expiry of shelf-life was unavailable under rule 9(b)(i) because the statutory benefit applied only where goods were returned within three months of sale, and the record did not show compliance with that limit. The court also held that later collection and destruction of expired medicines did not convert completed manufacturer-to-distributor and distributor-to-retailer sales into unfructified sales, as credit notes only adjusted the commercial loss and did not undo the sales. The disallowance of the sales return claim was therefore sustained against the assessee. en-us Thu, 07 Jul 2011 00:00:00 +0530 Tue, 23 Sep 2014 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166395 Deduction for sales return of medicines returned after expiry of shelf-life was unavailable under rule 9(b)(i) because the statutory benefit applied only where goods were returned within three months of sale, and the record did not show compliance with that limit. The court also held that later collection and destruction of expired medicines did not convert completed manufacturer-to-distributor and distributor-to-retailer sales into unfructified sales, as credit notes only adjusted the commercial loss and did not undo the sales. The disallowance of the sales return claim was therefore sustained against the assessee. Case-Laws VAT and Sales Tax Thu, 07 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166395