01 December 2012
Dear sir, One of my friend conducting trading business in kerala.He purchased good from west bengal and they sent good to kerala .While checking the material,he found that 30% and the material are out of purchase order and same will be difficult to liquidate. He planning to return back the same material to the company. Please mention what are the document should be kept for smooth transfer of material . Kindly help us.
02 December 2012
Miss Binu, Let your customer send the excess goods along with a debit note. On rceiving such goods you can revise the return in which these sales are declared for rectifying the figures accordingly.....MJK
CAclubindia
