Freight Charge with Credit note in Book of Account

This query is : Open

Murtaza I Bhagat (Querist)
Follow

11 August 2009 Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges,
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
How take entry of Excise,VAT & Freight Charge ?
If this Credit Refundable or not ?
& what about credit note given by seller ?

pls help me in this confusion.

thanks for your advise in advance

Murtaza I Bhagat

Murtaza I Bhagat (Querist)
Follow

20 November 2009 Pls tell me on Cement Purchase
Payment of Excise and also Freight Charges,
When we received a Credit note of Freight Charge,what we have to take that credit in our book of account ?
How take entry of Excise,VAT & Freight Charge ?
If this Credit Refundable or not ?
& what about credit note given by seller ?

pls help me in this confusion.

thanks for your advise in advance