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JobKeeper - GST turnover

Newbie

Views 671

Replies 1

Hi

 

I have a client who had sales reduced in April 2020 due to one of large customer returned goods because they were not able to pay from COVID-19.


The invoice was issued on December 2019 but returned in April 2020. As a result our client's sales were reduced more than 50% in April 2020.

Can we include sales return in April 2020 as part of GST turnover calculation?

 

Thanks

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

ATO Community Support

Replies 0

Hi @jkyang691985 

 

The usual process will apply where goods are returned. You can find information about GST and returned goods on our website.

 

Thanks, Ari

1 REPLY 1

Most helpful response

ATO Community Support

Replies 0

Hi @jkyang691985 

 

The usual process will apply where goods are returned. You can find information about GST and returned goods on our website.

 

Thanks, Ari