09 May 2012
The party has shortly charged in orignal bill , after he issues debit note describing particular of vat , excise etc. Is Vat credit available on the basis of Debit note ?
10 May 2012
Yes you can take setoff on Debit note as its extension of Orginal Transaction, Provided Debit note should have all the Particulars of Original Tranaction TIN TAX Separately
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