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TREATMENT OF REJECTED GOODS

GST - Started By: - ARPIT OJHA - Dated:- 1-2-2019 Last Replied Date:- 4-2-2019 - Hello everyone,My query is how to account for the rejected material by the purchaser in Books of Account. The purchaser is denying to issue Debit Note / Rejection Memo. .....

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liability provided the recipient also reduces his ITC in relation to the same. If you had exported such goods and re-importing the same you need to avail the benefit of notification no.45/2017-Cus (Tariff) dated 22nd July 2017 where you don't ne .....

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unted for these purchases in their books of accounts therefore it would be sufficient to issue a credit note on such transactions to effect nullification. - Reply By KASTURI SETHI - The Reply = I support the views of both experts. Comprehensive and c .....

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