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+--- Thread: Treatment of S. ED in Sales Tax Return (/showthread.php?tid=4842)
Treatment of S. ED in Sales Tax Return - niceguymac - 10-29-2007
Here I want to ask some questions, plz discuss these matters here for member's benefit.
1). When their is sales return from some un-registered sales tax payer, we issue Cr. Note and keep it for correction of own record. Whether we should take amount of S.E.Duty in Cr. note or not? Plz keep in mind two situations
i) When supply is returned wholly (ii) when supply is returned partially?
2). When we issue Dr. note/Cr. note where we should adjust it in Sales Tax Return? Especially when we issue Cr. note in corresponding coming month.