Sales return under CST (i.e. Central Sales Tax Act) is allowable as deduction from the turnover within 6 months? If, say, goods are returned in GST by a buyer after 6 months of sales, will it become taxable in CST or GST

Sales return under CST (i.e. Central Sales Tax Act) is allowable as deduction from the turnover within 6 months? If, say, goods are returned in GST by a buyer after 6 months of sales, will it become taxable in CST or GST https://www.taxtmi.com/acts?id=22500 Where goods sold under the earlier law are returned after the GST appointed day, tax liability depends on whether the goods are taxable under GST and whether the return occurs after the prescribed six month transitional period; if both are met, GST is payable. Returns within the six month period are not taxable if the goods are identifiable and tax was paid under the earlier law at the time of sale, provided that sale was made not earlier than six months before the appointed day; see section 149. en-us Thu, 22 Sep 2016 18:13:52 +0530 Thu, 22 Sep 2016 18:13:52 +0530 TaxTMI RSS Generator Sales return under CST (i.e. Central Sales Tax Act) is allowable as deduction from the turnover within 6 months? If, say, goods are returned in GST by a buyer after 6 months of sales, will it become taxable in CST or GST https://www.taxtmi.com/acts?id=22500 Where goods sold under the earlier law are returned after the GST appointed day, tax liability depends on whether the goods are taxable under GST and whether the return occurs after the prescribed six month transitional period; if both are met, GST is payable. Returns within the six month period are not taxable if the goods are identifiable and tax was paid under the earlier law at the time of sale, provided that sale was made not earlier than six months before the appointed day; see section 149. Act-Rules Bills Thu, 22 Sep 2016 18:13:52 +0530 https://www.taxtmi.com/acts?id=22500