What should be done by a purchasing dealer to return rejected goods to the seller? What happens in case such a dealer is not registered under the State VAT Act?
In case the buying dealer is registered under the VAT Act, he shall, on returning the goods, issue to the selling dealer a duly signed delivery cum debit note (DDN). In case the buying dealer rejecting the goods is not a registered dealer under some other State and did not issue the DDN in respect of goods returned by him, the selling dealer may issue a credit note in respect of goods so returned to him and deduct the value of such goods from his gross turnover. The selling dealer, in this case, may be asked by the authority to furnish evidence of the receipt of goods back by him, credit of the amount of such rejection of goods to the account of the purchaser of goods and payment thereof to him.
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