credit note
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2011
I have issued invoice nov'10 but party returned material on june'11 we have received full payment from party. can we issue credit note to this F.Y. 2011-12 ? please let me know maximum period for issuing the credit note?
CMA Ramesh Krishnan
(Expert)
19 July 2011
In VAT/CST sales return allowed up to 6 months from the date of sale. so in your case time is over, you cant reversed the sale
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