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Query on Procedure of warranty replacement of Goods Under GST & Purchase Return Procedure

Goods and Services Tax - Started By: - NS tawar - Dated:- 6-9-2017 Last Replied Date:- 8-9-2017 - Dear AllMy Query as follows -1 What is the procedure to be followed for warrantyreplacement of goods. whether we should issue FOC tax Invoce or we may send goods on delivery challan. 2 On what document our recepient will send back the goods for warranty replacement.3- whether Purchase return can be done on debit note prescribed under GST. if no pls prescribe procedure of purchase return. - Reply By .....

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lieu of non-functional or damaged goods will be treated as exchange (free of cost) and the same is liable to gst. 2. You have to issue a regular taxable invoice for the said supply and have to pay the appropriate gst on such supply. 3. if the person who returns the goods as purchase return is a registered person under GST Act he has to return the goods under regular taxable invoice on payment of appropriate gst. According to Section 34 (3) of CGST Act, 2017 where a tax invoice has been issued fo .....

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is not procuring such supply in the course of or furtherance of business no procedure is available at present. Since the individual will be unregistered he cannot return the goods under the cover of taxable invoice. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The reply given by Shri Ranganathan is superb. - Reply By KASTURI SETHI - The Reply = Yes, Sir. Sh.Ranganathan Sir has worked hard. He has saved time of so many visitors of this site. Such comprehensive reply is really appreciable. - R .....

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r guarantee and now-a-days no company gives guarantee, only warranty is given. The reason behind this is the co.does not want to replace the complete product.So only defective part is replaced. If the cost of warranty is already included in the transactional cost, then GST cannot be charged again. Normally cost of warranty whether in the for m of repair or replacement of part or component is not included in the transactional cost. We cannot foresee such expenses to be incurred in future. Each an .....

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