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i m purchasing some material from one company with tax
invoice & i m also doing work with them on commission
basic.Now what should i raised them? credit note or debit
note? Is there any format for that?

Question Posted / anand nerkar


i m purchasing some material from one company with tax invoice & i m also doing work with them..

Answer / arvind

You shud not use dr. or cr. note. Rather u shud raise an
invoice for your commission.

Debit n Credit notes mainly used for Sale n purhase returns.

though in exceptional cases also like discount they used too

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