Credit note
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2013
I want to know if i purchase with tax invoice and after then company which whom i have purchased credit note to us for price equalization or trade discount including vat on each tax invoice.
so it means when i purchase i take input tax credit of purchases but after credit note,
do i need to reduce that input vat whenever that credit note was ??
so it means when i purchase i take input tax credit of purchases but after credit note,
do i need to reduce that input vat whenever that credit note was ??
26 February 2013
1.Purchase returns - you need to reduce
2.Cash Discount - you need not reduce( Except for Maharashtra VAT)
VAT is state specific ,pls mention which state you belong.
2.Cash Discount - you need not reduce( Except for Maharashtra VAT)
VAT is state specific ,pls mention which state you belong.
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2013
from gujarat
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