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All QuestionsCategory: GST CompliancesGST ITC eligibility for sales return
Profile photo of YadvinderYadvinder asked 5 years ago

GST ITC eligibility for sales return

Dear Sir / Mam
                        My question is that we have received (material return ) credit note of goods sold in April 2018, so can we take the input tax credit on its credit note.
                        kindly reply urgent basis.

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1 Answers
Profile photo of CA Venu Gopal GellaCA Venu Gopal Gella answered 5 years ago

No
 
your should reduce your liability and not take Input Tax Credit