Dear All,
I am an accountant, my one of the client engaged in water supply of bisleri bottle. My client making tax invoice bill as under and raise debit not for delivery charges seperatley.
Taxable Net Amount 10,000/-
VAT 12.50% 1,250/-
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Taxable Amount Rs. 12,250/-
Freight Rs. 2,000/-
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Tax Invoice Amount Rs. 14,250/-
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My client raised debit note for Rs.2000/-
While filing vat return my cleint shows sales figure for Rs.12,250/-
So my question is is this process is valid ?
Please reply me URGENT
Thanking you meanwhile.