banner_ad

Can we issue a debit note in which no goods are returned back to suppliers?

Accounting Entries 283 views 2 replies

hello all, i am having a question regarding accounts. i want to know, being a trader, can i issue a debit note in which i do not send back any goods to my supplier?. the debit note amount will consist of either rate difference of products or discount amount.

for example: Mr. A supplies goods to Mr. B for Rs. 100000. Mr. B wants to deducts 10% discount and Mr. A agrees upon it. Can Mr. B issue a debit note of Rs. 10000 against discount deducted?

please reply. Thanks.

Replies (2)
Debit notes may be issued either for rate difference or goods return
moreover we issue debit note to supplier for acknowledging that we will be paying him less amount than billed.

hope this helps
If it's rate difference or discount then You can receive Credit Note from Your Supplier...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details