Sales                   300000
(1500 KG*200)  
 +   VAT 5%                     15000

Suppose 120 kg were of bad quality,money deducted for the same by A ltd

Pass entry for Sales and Quality Deduction

Will we issue Debit Note or Debit Note

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  1. Tax Practical
  2. Practical VAT CST

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.