on 07-21-2018 7:56 AM
We are palnning to buy new batteries in my organization and also giving back old batteries in buy back process.Before GST implementation we used to create a PO with new and old item by keeping return indicator to the old item.
After GST in India, it it required to collect the output tax for returnable items at @18% .
Could u please suggest solution to capture output taxes in PO?
Hi,
May be suggested to create separate sale order for selling old batteries to the vendor (with output tax code) with the agreed price by the vendor (now will be the buyer).
regards,
Bala
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