Credit note for Penalty

Roshan (-) (109 Points)

08 January 2018

Is credit note required to be collected for any penalty charged on supplier?

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3 Replies

Manas Das (1431 Points)
Replied 08 January 2018

What type of penalty .

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 08 January 2018

If you give Debit Note and Your supplier ll be accepted then receive Credit Note or Get sign in your second copy of Debit Note...

Roshan (-) (109 Points)
Replied 09 January 2018

Mr. Raja...can you please quote any rule/ section requiring credit note from Vendor for penalty deducted?

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