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This query is : Resolved 
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(Querist)
12 March 2009 if we r purchase a paper from medalman and he is provided Credit note for Rs.25000/- & he is not given the bill. so we accounted.
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
12 March 2009 if bill is not given by middle man then it is urd purchases to you why he give credit note & from whose a/c so when you are selling the goods then you will pay the vat tax & no setoff is available to you
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