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Debit note einvoice

vinay (Trainee CMA) (238 Points)

03 November 2023

Hi

We are Kerala based dealer purchasing material from Bangalore suppliers. Our sales are above 5 crore and we issue einvoice.

Now we have some damaged material and we need to return the same to Bangalore. Should we sent through delivery note with eway bill or debit note with einvoice and eway bill?

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4 Replies

NARENDRA (ACCOUNTS MANAGER) (1498 Points)
Replied 04 November 2023

Delivery Note with E invoice & E way bill .......are more preferable .............. ........

Pardeep Sharma (46 Points)
Replied 05 November 2023

If nature purchase return then no need e-invoice for debit note against purchase. only debit note and e-way sufficient and take credit note from supplier against his(supplier's) sale.

otherwise you can issue Tax Invoice(Sale Invoice) with e-way bill and e-invoice.

kiran (accountant) (413 Points)
Replied 05 November 2023

You generate delivery challan for defective Goods out from your business premises .

And ask the supplier to provide a Credit Note.

Section 34(1) provides that where one or more tax invoices have been issued for supply of any goods or services or both and the taxable value or tax charged in that/those tax invoice(s) is found to exceed the taxable value or tax payable in respect of such supply, or where the goods supplied are returned by the recipient, or where goods or services or both supplied are found to be deficient, the registered person, who has supplied such goods or services or both, may issue to the recipient one or more credit notes for supplies made in a financial year containing the prescribed particulars.