Vat journal entry for trade discount got in puchase

Hi Amit, whats meaning of vendor get trade discount on rate difference from seller.

You are saying vendor and seller. Vendor and seller are both same. what means of you.

 

I mean to say that suppose we purchase goods from party on rate @ 1500+5%=1575 and after some time they issue a credit note for rate difference we get 15+5%=18 total but in this CN they mention vat 3 ruppe which liable to pay sales tax deaprtment vat payment we paid it to concern department but one thing is which is main how will this transaction will adjust please give me complete solution if possible

Thanks in Advance

Amit Kumar

on purchase, you know below entry will be pased:-

and on receiving the credit note, as you know you will pass the following entry:-

Then now you are saying that 3 has been deposited to concerned department. Then now what problem here. 

As you have paid 3 to department, then now you are remain eligible to claim the VAT input for 75. 

So now your purchase amount will be reduced by 15. and supplier balance will also reduced by 18.

I hope your query is sloved out.