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Purchase Return - Debit Note

This query is : Resolved 

28 July 2021 Sir / Mam

We are a trader. We returned the goods which were purchased earlier to the seller with delivery challan and e-way bill instead of issuing debit note.
Is there any issue?
Kindly advise me plz
thanks in adv

28 July 2021 No issues, it's only the supplier to issue credit note.

29 July 2021 If you had previously entered purchase then you need to issue accounting debit note.

30 July 2021 Though the supplier has to issue credit note in order to reduce the GST liability. The recipient has to issue Debit note for accounting purpose and to reduce the ITC to the extent of Debit note and also to record the purpose for issuing debit note.


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