Vat on goods return ith in six month

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KAUSHIK (Querist)
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15 April 2016 Sir

we Sales in March-16 @ 5 % & Goods return in April-16 @ what rate we issued Credit note 5% or 5.5 %

Murtaza I Bhagat (Expert)
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15 April 2016 Credit note should be @ 5%.all bill have to revert. if any expense then do entry in P&L.

Rupesh Jain (Expert)
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25 April 2016 its will be rate applicable when you make earlier transaction.

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