Sales Tax Rules, 2006

CHAPTER-III

CREDIT AND DEBIT NOTE AND DESTRUCTION OF GOODS

Sales Tax Rules, 2006 CHAPTER-III CREDIT AND DEBIT NOTE AND DESTRUCTION OF GOODS From: 2025-01-01 - To: 0000-00-00 20. Cancellation or return of supply.- (1) Where a registered person has made a supply, and such supply or part thereof is cancelled or returned, the buyer or the recipient shall issue a Debit Note (in duplicate) in respect of such supply or part thereof, indicating the quantity being returned or the supply of which has been cancelled, its value determined on the basis of the value of supply as shown in the tax invoice issued by the supplier and the amount of related sales tax paid thereon, as well as the following, namely:- (i) Name and 1[National Tax Number] of the recipient; (ii) name and 1[National Tax Number] of the supplier; (iii) number and date of the original sales tax invoice; (iv) the reason of issuance of the Debit Note; and (v) signature and seal of the authorized person issuing the note. (2) The original copy of the debit note shall be sent to the 2[supplier] and the duplicate copy shall be retained for…