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hi sir....i have returned goods to supplier and he has issued me a credit note for the same....my question is whether he should refund me full invoice amount or only taxable amount.
Replies (4)
Quick Summary
He should return full amount. You need to reverse ITC also if already availed.
Thank you sir 🙏
If full amount received then full amount has to be returned
Return full amount along with a soft /hard copy of the credit note.
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