Credit Note Entry Discount & Received

 Credit Note Entry [0% Tax]

1.

CREDIT NOTE NUMBER - SCH001 

CREDIT NOTE DATE - 02/08/2022

PARTY NAME - ARJUN KUMAR 

RETAIL BUMPER OFFER 1500 

SGST 0 

CGST 0 

ROUND OFF 0 

TOTAL DISCOUNT 1500

Credit Note

Entry Date - 2-8-22

Party A/c name - Arjun Kumar

Original Invoice no. - SCH001

Date - 2-Aug-22

Particulars 

Scheme & Discount Given @00%      Amount:  1500

Alteration

Under - Indirect Expenses

Ledger - Not Applicable

GST - Not Applicable

Alter GST - No

Credit Note Entry [12% GST]

2. 

CREDIT NOTE NUMBER - SCH003

CREDIT NOTE DATE - 2.11.2022

PARTY NAME - HARI COMMUNICATION 

DIPAWALI DISCOUNT (HSN 8517) (GST – 12%) 4464.25 

SGST 267.85 

CGST 267.85 

ROUND OFF .05 

TOTAL DISCOUNT 5000

Credit Note 

Entry Date - 2-11-22

Party A/c name - Hari Communication 

Original Invoice no. - SCH003

Date - 2-Nov-22

Particulars 

Scheme & Discount Given @12%

Alteration

Under - Indirect Expenses

GST - Applicable

Alter GST - Yes

HSN/SAC - 8517

Nature of Transaction - Purchase Taxable

Tax - 12%

Amount - 4464.25

SGST - 267.86

CGST - 267.86

Provide GST Details - Yes

Reason for Issuing Note - 07 others

Suppliers Debit/Credit Note No. - SCH003

Date - 2-Nov-22

Credit Note Entry [18% IGST]

3.

CREDIT NOTE NUMBER - SCH004 

CREDIT NOTE DATE - 2.3.2023

PARTY NAME - UMESH MARKETING 

CUSTOMER SPECIAL OFFER (HSN –3925) (GST – 18%) 2033.88 

IGST 18% 366.09 

ROUND OFF .03 

TOTAL DISCOUNT 2400

Credit Note

Entry Date - 2-Mar-23

Party A/c name - Umesh Marketing

Original Invoice no. - SCH004

Date - 2-Mar-23

Particulars

Scheme & Discount Given IGST@18%

Alteration

Under - Indirect Expenses

Ledger - Not Applicable

GST- Applicable

Alter GST - Yes

HSN - 3925

Nature of Transaction - Interstate Purchase Taxable

Tax - 18%

Amount - 2033.88

IGST - 366.10

Round off - 0.02

Provide GST Details - Yes

Reason for issuing Note - 07 Others

Suppliers Debit / Credit Note no. - SCH004

Date - 2-Mar-23