Credit note

This query is : Resolved 

12 April 2013 There were certains disputes with the party on the machinery supplied and the party has issued a credit note of Rs 5 lacs against the machinery cost of Rs 1 cr and how the same will be treated ?

12 April 2013 If the seller accepted that then treat it as discount allowed in the books of seller and issue debit note.

OM SAI SRI SAI JAI JAI SAI



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