https://www.taxtmi.com/forum/issue?id=109393 Goods sent interstate solely for demonstration on a returnable basis do not amount to a sale and are not subject to VAT; no departmental intimation is required. Annotate invoices with "GOODS SENT FOR DEMO PURPOSE ON RETURNABLE BASIS". If the goods are sold at the demo, account for VAT/CST by issuing a debit note and paying tax; if a tax invoice was issued, bring materials back, make a Sales Return Note to cancel the original transaction (retain LR for assessment) and issue a fresh invoice. en-us Fri, 13 Nov 2015 12:48:26 +0530 Thu, 23 Jan 2025 15:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109393 Goods sent interstate solely for demonstration on a returnable basis do not amount to a sale and are not subject to VAT; no departmental intimation is required. Annotate invoices with "GOODS SENT FOR DEMO PURPOSE ON RETURNABLE BASIS". If the goods are sold at the demo, account for VAT/CST by issuing a debit note and paying tax; if a tax invoice was issued, bring materials back, make a Sales Return Note to cancel the original transaction (retain LR for assessment) and issue a fresh invoice. Discussion-Forum VAT / Sales Tax Fri, 13 Nov 2015 12:48:26 +0530 https://www.taxtmi.com/forum/issue?id=109393