TaxTMI 
TaxTMI 
sales returns in gst regime
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....ales returns in gst regime<br> Query (Issue) Started By: - joseph david Dated:- 10-9-2016 Last Reply Date:- 12-9-2016 Goods and Services Tax - GST<br>Got 8 Replies<br>GST<br>what is the status of sales returns in gst regime thanks Reply By MUKUND THAKKAR: The Reply: will revert back after GST regime. it is premature stage giving any input... Reply By YAGAY AND SUN: The Reply: DUTY PAID GOODS ....
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....RETURNED TO THE PLACE OF BUSINESS ON OR AFTER APPOINTED DAY Duty Paid Goods are at time of removal not being earlier than 6months, returned to any place of business or to supplier Reply By YAGAY AND SUN: The Reply: No Tax shall be payable thereon if such goods are returned within period of 6 Months from appointed day & such Goods are identifiable to satisfaction of proper officer. Reply By MAR....
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....IAPPAN GOVINDARAJAN: The Reply: I endorse the views of Shri Mukund Reply By Ganeshan Kalyani: The Reply: Sir, the replies posted by experts are based on Draft GST Model which will undergo changes. Hence we would request your good self to such time. Thanks. Reply By Ganeshan Kalyani: The Reply: Sir, additionally my view is that the impact of GST is depend upon the nature of business , type o....
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....f transaction , local or interstate of stock transfer or consignment transfer. The Govt is planning to conduct trainings on GST. Thanks. Reply By YAGAY AND SUN: The Reply: The very purpose of Model GST Law is to create awareness in all stakeholder, revisit their business related transactions for doing the homework, bracing for GST. Since, it is Model GST Law, obviously, it shall be modified to ....
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....an ACT. So, there is no harm in seeking questions on GST for explore the potention solutions to be ready for implementation of GST well in time. Reply By Ganeshan Kalyani: The Reply: Yes I agree with your sir. It facilitates time for the assessees to prepare for upcoming GST. Assessee should start doing the impact analysis of their business under upcoming GST based on Draft Model GST Law. It wi....
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....ll give some basic idea. Thanks.<br> Discussion Forum - Knowledge Sharing ....