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Credit Note Accounting Entry

This query is : Resolved 
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(Querist)
02 January 2009 we sold goods Inter state charging cst @2% to the customer . but if the customer fails to sent c form of aginst sale invice we raised debit note of 10.5% on it. that time we transfer the differnece amt of 10.5% to cst @ 12.5% and made intry as below party a/c dr. to sale cst@12.5% is it right ? where the diffrence amt treated in P & L?
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Jiwan singh

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Jiwan singh (Expert)
04 June 2009 it not efect p&l a/c .

Party a/c dr - in assets
cst payable cr - in liability
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