Is there any provision in MGL for tax treatment of goods returned by the recipient?

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..... . Is there any provision in MGL for tax treatment of goods returned by the recipient? Ans. Yes, Explanation to Section 44 of MGL has such a provision. It provides that where goods received as an .....

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..... turned goods will be the same as was at the time of the original supply. If goods are returned after six months of the date of the original supply invoice, the rate of tax applicable will be the rate .....

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