WE ARE RECEIVING RETURN GOODS FROM OUR BUYER
THEY ARE MAKING IT AS SALES INVOICE AND SENDING
HOW TO MAKE OUR ENTRY AS SALES RETURN(THEIR DEBIT NOTE) OR
AS PURCHASE
IF WE MAKE AS PURCHASE SALES VALUE DOES NOT GET REDUCED
HOWEVER TAX IMPLICATIONS ARE SAME
I think have to raise a credit note as sales return
for him it will be purchase return
A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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SKAA & Associates
New Delhi
CA Inter
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CAclubindia
