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Accounting entry

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(Querist)
05 December 2015 there are purchase return n when we entered pur return in our books is vat is to be adujsted.
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AJAY SINGH

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AJAY SINGH (Expert)
05 December 2015 YES AT THE TIME OF PURCHASE RETURN VAT SHOULD BE ADJUSTED IRRESPECTIVE OF THE YEAR OF PURCHASE OF GOODS.

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