debit note

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....ebit note<br> Query (Issue) Started By: - Sanjay Singh Bora Dated:- 5-4-2016 Last Reply Date:- 6-4-2016 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>How to treat Debite note after six month Stock....

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.... value=Rs. 10000 and vat is 5% , total value=10500 But vendor is issued credit note = &#8377; 10000 Who pay vat=Rs.500 Reply By Ganeshan Kalyani: The Reply: Sir VAT credit on sales return is not e....

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....ligible if sales return happened after six months. Hence the credit note would not carry the vat element. Thanks.<br> Discussion Forum - Knowledge Sharing ....