AI OCR 
TaxTMI 
TaxTMI 
TaxTMI 
GST 3B and returns
X X X X Extracts X X X X
X X X X Extracts X X X X
....ST 3B and returns<br> Query (Issue) Started By: - Madhavan iyengar Dated:- 20-7-2019 Last Reply Date:- 21-7-2019 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>A Company has sold some product....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s for ₹ 20 lacs and discharged GST on same Subsequently after 3 months the recipient B sends back certain material of ₹ 2 lacs under GST invoices after charging gst Company A on return o....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f material took credit of the ₹ 2 lacs returns based on invoice received on return and did not show as sales return in its GSTR-1 Is above treatment correct Reply By RAHUL GAIKWAD: The Reply: ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... No, a company has to Show in GSTR-1 as a Reg. Credit Note. Reply By Ganeshan Kalyani: The Reply: This is practically done. Issuing credit note by supplier based on the intimation of returning the ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....goods and buyer preparing delivery challenge and eway bill by giving reference to the credit note is tedious. The provision is clear but practical it has procedural difficulties. Thus some parties tre....
X X X X Extracts X X X X
X X X X Extracts X X X X
....at it as supply while returning and raise tax invoice with GST. But otherwise such transaction has to be routed through credit note because a supplier cannot show as purchaser of his own goods from ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....the customer. Reply By KASTURI SETHI: The Reply: Well explained by Sh.Ganeshan Kalyani Ji. Reply indicates he is beaming with full confidence.<br> Discussion Forum - Knowledge Sharing ....