https://www.taxtmi.com/acts?id=22419 Where goods received as an inward supply are returned by the recipient to the supplier within six months of the relevant invoice, the tax payable on the returned supplies is equal to the input tax credit earlier availed on that inward supply; returns after six months attract the rate of tax prevailing on the date of return. en-us Thu, 22 Sep 2016 17:33:01 +0530 Thu, 22 Sep 2016 17:33:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22419 Where goods received as an inward supply are returned by the recipient to the supplier within six months of the relevant invoice, the tax payable on the returned supplies is equal to the input tax credit earlier availed on that inward supply; returns after six months attract the rate of tax prevailing on the date of return. Act-Rules Bills Thu, 22 Sep 2016 17:33:01 +0530 https://www.taxtmi.com/acts?id=22419