Earlier we had learnt VAT CST Computation 

Now we will learn how to make VAT CST Computation in case of Debit Note and Credit Note also 

Basically we have to make  working notes for Debit Note and Credit Note which is called Adjustment to Output Vat and Adjustment to Input Vat

 

Make Computation With Following Data

Summary Vat computation with debit note credit note - Vat Debit Note Credit Note Entries

 

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CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

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