Learner
1881 Points
Joined December 2012
Dear Mam
thanks for your continuous support.
It seems from reading the section you mentioned that in case of sale returns the goods have been delivered to the buyer and seller is claiming vat reversal on basis of debit note received by him from the buyer.
and in case of sale cancellation the good have NOT been delivered but invoice has been prepared and due to some reason the sales has been cancelled and now the seller is claiming vat reversal on basis of invoice copies he has. He must be in possession of all copies of invoice as he has not sent any of them to buyer as sale failed to materialise.
do u agree mam?
regards