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Credit Note

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(Querist)
27 November 2017 1. Is credit note of supplier compulsory for all purchase returns? 2. Is credit note required for penalty deducted from bills?
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Amitav

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Amitav (Expert)
27 November 2017 Yes.. Credit note of supplier is required for all Purchase return.
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Amitav

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Amitav (Expert)
27 November 2017 Yes.. Credit note to be issued for penalty deducted from bills
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