13 January 2011
Dear sir, a debit note is being raised against a manufacturer for charging excess rate than agreed. will we be able to reverse the input credit availed at the time of original purchase and pass it back to the supplier.
13 January 2011
will the manufacturer supplier able to receive back the input credit even though we are not raising invoice under rule 11 but it is only a debit note in plain paper . ours is a trading company. rgds ganesh
CAclubindia
