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Need to write off Invoice
Hi Friends
We need to write off some bills due to bad debts(e.g Bill Date May -2009) whether shall I reveres CST/VAT Amount from the bill Kindly provide your suggestion
Regards
Boopathi
Replies (2)
no u cann't reverse vat/cst amount from the bill
If the goods are returned within 6 months of sale, then VAT / CST can be reversed, otherwise it cannot be.
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