rate difference
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2011
Dear sir,
a debit note is being raised against a manufacturer for charging excess rate than agreed. will we be able to reverse the input credit availed at the time of original purchase and pass it back to the supplier.
Rgds
a debit note is being raised against a manufacturer for charging excess rate than agreed. will we be able to reverse the input credit availed at the time of original purchase and pass it back to the supplier.
Rgds
16 January 2011
Hi
yes
you should reverse the credit in Annex-10 and pass the credit to the original manufacturor.
yes
you should reverse the credit in Annex-10 and pass the credit to the original manufacturor.
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